Tuesday's vote capped a dramatic day in which Anna Hazare, the 74-year-old public face of the popular anticorruption movement, began a hunger strike in Mumbai, drawing out thousands of supporters to push the government to strengthen the bill submitted to the lower house, known as the Lok Sabha.
But Unite believes a general strike "would be a landmark in our movement's recovery of its morale, strength and capacity to play a leading part in a society crying out for credible and honourable leadership".
The sale of twice as many lower-strike put options greatly reduces the cost of the directional play and suggests the investor expects limited bearish movement in the price of the underlying rather than a nosedive in the next couple of months.
The news about Oakland traveled around the world early this week, and now some within the movement think it provides them with a reason to escalate the protest into attempting a general strike next week, something that has not been tried in the U.S. since pre-World War II.