Yesterday a large Call Options Seller sold June 5.50 stirke meaning does not expect a higher price of 5.50. It is just a bet unless it is a bettor privy to inside information..
Sentiment: Strong Buy
I don't understand your point. Didn't somebody have to buy those calls? And therefore, isn't there somebody who does expect a higher price than $5.50?
Most likely many someone"s vs. someone...
And now there will be a strong incentive to make those sold calls expire worthless.. Just as they did to make the long $5 calls expire worthless on Friday..
possibly the same one who was betting on stock to go under 2.00 in February
i bought a June $6 call., will sell at $7