riceguy

Friday's Options Report: MCO, YRCW, TLM, IMA, ONXX

I read your columns often and like what you write, that's why I posted here to ask for your opinion on CALM. Last Friday after 3pm, CALM had the following calls:
20 vol 8941, Open Int 358;
22.5 -8909-371;
25-52748-2233 ,
but by Monday morning, the Open interests are 288 for 20, 109 for 22.50 and 266 for 25.
My question is what happened, something was done over the weekend, how????
Here's more info on CALM, it has 13M shorts as of last Friday, the float is about 12M.
Any idea? anyone has any comments?

Cal-Maine: Get Ready for a Short Covering Explosion

Late last Friday, CALM showed 7M of calls. Let's assume if they are exercised, under the present rulings, does it mean that the market maker can sell the 7M without delivering the shares? If that can be done, does it mean that the shorts can easily cover without paying for the pain of the short sqeeze?