March 75 calls blowing past open interest, 2nd most active contract, premium up 80%
1758 March 75 calls already traded (84% at the ask) vs. open interest of only 1594. Premiums are up 80% or $2.05 over yesterday's close. Last trade is $4.60, implying a break-even of $79.60 (15% higher than current PPS). Amazingly, March 115, 120, and 125's are also surging 2x open interest. Overall today, put to call ratio is a very bullish .25.
$80 seems very much within reach near-term