March 72.5 calls surging 3x open interest, premium up 144%
March 72.5 calls are the most active options for today, 2770 contracts already traded (88% at the ask) vs. open interest of 1090. The premium is up 144% to $.78, with break-even by March 15th 12% higher than current share price. Overall, the put:call ratio is a bullish .33.
$70 near-term target.