There's some lottery ticket buying today in the January 80 and 85 calls of Capital One (COF). theflyonthewall.com noted some "unconfirmed takeover chatter" . While the call volume on both strikes is active at over 1,000 contracts, volume is still well below open interest on both... sounds like street noise at this stage. COF has a present market cap of over 23 BILLION dollars.
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