Investors are revved up about Ford Motor (F) calls after the automaker said it was paying $3.8 billion in cash to settle debt related to a health care trust. The move signals “confidence it remains on track to deliver ’solid profits’ this year,” according to Reuters. Shares are up 45 cents to $10.33. 110K calls and 43K puts traded so far. August 12 and 13 calls have both traded more than 20000X, with slightly more than half trading at the Ask. Implied volatility is down about 2 percent to 53.5 ahead of auto and truck sales numbers, tomorrow.