Opportunistic Behaviours can be expected;
Indeed that is why we are here.
I imagine that someone correctly perceived that there would not be a ton of standing buy orders sitting out there to support the new price, especially with those dang up-gaps "awaiting fulfillment."
The unresolved uncertainty regarding court pronouncements will probably continue to bias folks to not leave OOTM GTC Buy or even day orders hanging out there, preferring to fly realtime.
Thus this is just more opportunistic behavior, of second order,
that can be expected to continue.
For you folks that were sad about missing the bargain option prices (and are confident of the pronouncements), it is the opportunity to float some standing bids and pick up wonderful prices on option purchases. This does assume the 'orderly market' fallacy, which is today shown to not always apply, especially at those moments when you really need it to be true.
LOL
So where can I get some spare rat's asses to give or not give away?
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