One might have a hard time getting 50 given that the total number out is 25.
More telling is the put action. You can buy a $2.50, December put for a $0.20. Nice little straddle, although december is still too close. Freddie won't have report 4Q11 losses till the end of February.
I'll mark you down as hitting the low of the day for your buy, but why assume "the crooks are at it again?" IMHO, the crooks are the ones that ran up the price Friday after the disappointing 3Q11 losses report.