Options representing the right to buy over 70,000 shares at $5.00 with an expiry date of July 19 were traded yesterday. And it appears those trades were buys. More were traded with a $4.00 strike price.
The biggest action was for the August 16 expiry with a $4.00 strike - Options giving the buyer the right to buy about 340,000 shares at $4.00 were traded.
But there was a lot of action at $3, $4 and $5 for each of July, August and October.
Very interesting and to my knowledge unprecedented, and I watch those things.