The Fed has no clue how to implement it. Clueless politicians want loan forgiveness before loans are even issued. Bernanke and Yellen aren't even sold on the idea. The Fed's "Main Street" lending program is shaping up to be an epic waste of time - and purchasing power.
Ex-Goldman Sachs prop trader Lex van Dam knows where his bread is being buttered: family offices. And what's better than one family office? A whole bunch of family offices together.
On May 7, with the stock at $770, there was a massive accumulation of $850 call options that expired the next day. The stock spiked first thing the morning of May 8.