Petrohawk Options on merger and expiration day

always wondering how many people actually win the lotto on moves like this.

 

how about wondering how covered call sellers get buttfugged

not to mention how market makers have to lose big money

 

for the lulz, yeah sure..

seriously the entire chain had plenty of open interest, someone accumulating these pennys for weeks could pulled a Casey Anthony

 

seems there was frontrunning on Clorox options as well

 

All the people long the open interest