reposting here from the main thread. Check out the open interest graph.Either some people think they know something or they are taking a massive bet on us getting a big rise this week?
Options open interest for this Friday's $800 strike calls was even with other strikes at around 4,500 yesterday. Now they've shot up to over 23,000! After last Friday's Bear raid with Puts, what's next for this Friday? Cancelled Twitter deal, Investment Grade, Split details or just someone prepared to lose $1M??
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Purely from a visual analysis, this doesn't seem to be a spread or something similar (IMHO could only be a ratio collar, +600p/-2x 800c, but does that make any sense?). Was also not able to find another expiration with similar OI thus it doesn't look to be a calendar spread either.
So this might be a "true" money bet.
Maybe I'll close out my CC's early this week....
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