That's the prevailing thought, that they're going to do everything in their power to get this under $40 by the end of Friday, because otherwise. they're screwed.
The other side of that though, and there is no way for us to know this info, is that some believe it is actually the hedge funds themselves that own those $40 calls, knowing they're going to be extremely profitable by the end of the week, and this could just be an attempt to pilfer many of them from people before they let the squeeze loose.