I am interested in this piece on CVI.. Can someone tell me if that volume will translate into open interest? If not, does that mean a MM had to buy them? http://finance.yahoo.com/news/Why-call-seller-targeting-CVR-optmonster-2260842630.html?x=0&.v=1 CVR Energy has rallied to multi-year highs, and traders are heading for the exit. optionMONSTER's tracking systems detected the sale of 2,125 May 20 calls for $2.70 against open interest of just 41 contracts. Almost all the trades priced at the bid price, which reflects the strong selling pressure. "CVI fell 1.17 percent to $21.92 in morning trading but has more than tripled since the beginning of September. The company has been riding a wave of bullishness among oil refiners as the market prices in higher volumes and better margins for the industry. The rally has brought CVI back to levels last reached in June 2008. The calls may have been sold by an investor who owns the stock and believes that it's done going up. That strategy would lock in an exit price of $22.70 but, if CVI falls below $20, the investor would keep the shares. Alternatively, the trader may simply be placing a bearish bet by writing calls instead of shorting the stock. There was also modest selling in the May 22.50 calls and the May 25 calls. Overall option volume in the name is more than 8 times greater than average so far today"