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1088 Nov 60 calls traded (73% at the ask) vs. open interest of only 607, premiums are up 125% to 45 cents vs. yesterday's close of 20 cents. The market is pricing in a 24% rise in share price by Nov 20.
The Nov 55 calls are also spiking, with 2510 contracts already traded vs. open interest of 2022. Premiums are up 140% at $1.20 vs. yestarday's close of 50 cents. Good news on the way: http://www.theflyonthewall. com/splashPage.php?action=main&arg=A GLTA Rating :
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