as I have been posting for a week now, eln will close at 20.00 (give or take 20 cents) unless positive news comes out this week. Options is a big money game for the options writers and no chance those 23,000 calls at 20.00 are going to allowed to finish much in the money.
That is my bet as well but keep in mind alot of the work was done last week and some of those covered call writers are retail and if the institutions want to take the other side of the position early this week, they can fool the max pain players. Options weeks are a gamble at best. News on Thursday could wreak havoc with anyone betting against eln. IMHO BBBud