As shown in the 1minute chart above, New York Community Bancorp call volume spiked just after 3pm Friday, leading the news the bank would benefit from assets received in connection with the FDIC seizure of AmTrust Bank by several hours. Nearly 10,000 calls traded in the last hour of the day as shares lifted through $12, a rate 50 times the typical hourly avg call volume for the stock, with most of the volume in the Dec 12 calls. Buyers paid from 20 to 50 cents for a total of 8933 contracts, as shares climbed nearly 30 cents into the $12.33 close, and open interest grew by 7323 contracts, confirming most of the volume as opening. VWAP for the day was $0.266 and with shares looking $1.00 higher this morning, the Dec 12 calls will open above $1, a nifty 300% return on the position.  WhatsTrading Premium users had an opportunity to catch this one, as Fred noted it at 3:45 Friday–premium story–, when shares were near 12.29.  Pre-open shares now $13.50.