Some shorty gave me a thumbs down for making an astute observation in favor of longs. Options traders are the smartest individuals in the investing world. The term follow the money never had more importance than in the options flow, and somebody with a major investment says this is going back up.
Not all options traders are all that 'smart'. There are a lot of novices buying calls and puts just like regular stock purchases. Most of them go for the cheap out of the money calls or puts and almost always lose money. And they never learn the Greeks. I have been trading options in all manner of form for many years and been successful at it. But it takes work. Jumping in and out because of a ;hot' tip will eventually lead people to a lighter wallet
Don't put too much stock in those May 20 calls. What the big picture looks like in the call/put area is the action in 2014. 2015 is too far out and 2013 is too soon to see the results for the big players. This is going to be all about the cash flow. Whichever way it starts to lean is going to determine the future of these call and puts. Not the ceo or Bill Ack.