????????????????????????????????????????????????? 
Staples Inc is currently trading 12.36 with an IV of 72.32% and is seeing a huge call roll today.? A trader that was long the January 15 calls in size, to the tune of 160,000 contracts, covered 60,000 of those contracts today and rolled them back to march paying .28.
The trader was making a play on SPLS rallying into the end of the year, and apparently still believes that it will move higher long term.? However, he or she clearly believes that there is more time needed for SPLS to make a move above the 15 handle.
This trade should be considered bullish the underlying and bullish volatility over the next few months.