lishaway, looking at your posts, you seem to be a professional Cassandra. Sighing, kvetching, pretending to be a disillusioned long. The action here was in those May 70 puts @ 2.75 -- in effect, selling a $75 stock for $67.25. Most of those who try to short these stocks, I've found, are those who missed it on the way up and figure, "Maybe I'll make some on the way down." But they never do.