I've see the man behind the curtain heavily long the July calls, planning on exercising not only the 14s and 15s, but likely the 16s and 17s too. So if the case where has he parked the needed cash? CDs? Money markets? Neh, he's parked the needed exercise cash in jnj and pfe. Going to be a wild eow.
Of course, this is what they call low-percentage wag to go with plenty of imo.