The banking stocks have been on fire lately and even though the KRE trades almost 3 Million Shares in a day, I think it is headed higher. Today we saw a trader buy 10,000 plus KRE April 44 Calls for $.31 which was a $300,000 investment. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. KRE has a date with $44 so I am long the KRE April 44 Calls for $.31