Option market pricing in an earnings beat, while equity market dips. Beautiful divergence. The big players know something that we don't judging by the May 2.50 calls. Heavy buying at end of the day suggests we go much higher monday.
The short squeeze is going to be biblical. This is the year of the short squeeze.
Of course puts outnumber calls 3-1. The price would have to top $2.60 to make a profit on a call, yet drop below $1.90 to profit on the put. One is a 30% gain and one is a 5% drop. I would say that the 5% drop is more than 3-1 versus the 30% gain, in terms of odds. But, I'm sure you knew that already.