First Republic Bank options, 1,600 vol

March 5 puts in FRC expiring tomorrow are .20 bid. Stock currently 33.

Not a recommendation, just an observation. This is over a 1,600 vol. Never seen this before.
 
March 5 puts in FRC expiring tomorrow are .20 bid. Stock currently 33.

Not a recommendation, just an observation. This is over a 1,600 vol. Never seen this before.


Obviously HTB which drives up the px something stupid. Filled, tho. Anyone want to short a quarter and see?
 

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Just seems like a great play to sell them. Even if something bizarre happens, I would think the stock would be halted and the 5 options would have to be manually exercised, which makes it an even better play to sell them.
 
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