Selling May 65 puts and using the $$s to buy May 70 calls is pretty much even money ... except for commissions. The volume seems to suggest this. And, now with Zachs downgrade to strong sell ... seems like huge manipulation for something?? Dunno... My guess is by May NOV goes up to where it should be.
You have an idea there......just way too many call... all in the month of may and start not too far out of the money. The stock doesn't pay big dividends so buying calls could be a way to all (buffet?) to buy more shares without worry about driving the price up as buy would also own calls.I'm not an expert but it is food for thought.
Whoever is selling calls could be shorting the stock....to cover the risk....or they could be naked shorts... i can't read n16m15 reply to your comment cause i have him on ignore...did he have a good reply for once?