$Maxeon Solar Technologies (MAXN.US)$ what is going on here?...
$Maxeon Solar Technologies(MAXN.US$ what is going on here? anyone a good explanation? drops so fast, so much volume..?
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WS_gains : Unlimited shares. Debt to equity conversion
Bullish_Panda : None. Except massive PUTs. But they expire July 5. This might be a good opportunity to buy now. Short interest is also at 56% according to FinTech. So in my opinion, not a financial advice, This is really looking like a good buy.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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doubledigitsdecline OP : I do not understand. what is the effect of the expiring put options? you need more information right? like strike price etc?
71875031 : No filings to support execution of any conversion or warrant exercise.
If there was, that would be key.
Last filing was 2 weeks ago MAXN receiving 70M from TZE.
Doubtful that any material event news can come out because prob a quiet period.
Guessing.
Bullish_Panda doubledigitsdecline OP : I forgot to mention the PUTs are 0.5. So yeah. They are definitely printing this Friday. But, if you took a long postion just now, you know what that means.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
lucky Triders 369 Bullish_Panda : what is PUT ? what is be happening to Friday