As an ordinary thing (and, granted, this IS NOT an ordinary case), the Chicago Board Options Exchange begins making markets in options on new issues, esp. high-profile ones, typically within a month of the new issue coming out.
Does this give you any ideas? (And, no offence, if you are NOT an options trader, it may not give you any ideas...but for some of us, it distinctly does).
No, not a trader. But options traders need to have an idea of direction. I don’t know how you can come up with any rational idea which way it will go. For one thing the Federal Gov still will own a big block. There are a million ways for them to manipulate the price from selling from their hoard to high officials talking the stock up or down.
I think this one is like playing roulette in an unlicensed casino.