Holy cow. Four swings of 6% or larger today and we've still got an hour left. January options IV are around 100, which I suppose is underpriced.
GS was lead underwriter of the IPO. Deutsche Bank put out a buy recommendation and is promoting it in Europe; Deutsche Bank is headed by Paul Achleitner, former head of mergers and acquisitions at GS. 140 million shares turned over in 2 days. Hmm.