GME tumbled after uneventful annual meeting: Is the hype fading?
Views 6.4M
Contents 3583
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Today w...
$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Today will see the expiration and settlement of options on May 17th, with 0.09 million calls and 40,000 puts open, puts are expected to go to 0, calls will be exercised, so institutions selling calls will need to return 9 million shares of stock to the call buyers. If the institutions do not have the stock, they will need to buy at the current market price, which will cause a sharp increase in stock prices! As long as we don't sell, the institutions will be forced to buy a large amount from the market at a high price, and it is very likely that the price will be pushed up to $5 today! In addition, with a short interest of 95%, many short positions will be forced to be closed out, creating a larger short squeeze effect and causing the price to continue to rise!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
73681675 : could you also analyse CRKN pls?
Iakul 73681675 : Erm, CRKN doesn’t have options. What do you want him to analyse?
chillweapon OP : Correct me. There are 110,000 unclosed positions, which means 11 million shares, which need to be given to call holders! Keep taking off