Looks like someone sold 10,000 contracts of August 38 Puts and bought August 48.
Very interesting that they picked August instead of May.
Of course the company may not report the current quarter until June as they did last year
which the Aug would then react to.
Maggot, scratches chin and murmurs, hummm
Then again this may be protection for a large long position, eh.
let him be a cowboy ! i want not be in this situation ..