RE:CXR Option Market -- updateThis stock is going much much higher. July vol is 110 vol bid now. Someone making 20k bets at a time and doesn't care what vol he's paying. He is sure.
He's bought July 44's for $4
July 50's for $2.20
I'm guessing he's front running his stock order. (or he knows a takeover bid coming) -- otherwise he's in for a world of hurtin when the vol collapses