In English, what does it entail?
$PSTH - As a follow up, there are nearly 80K contracts that are in the money. This represents ~200,000,000 worth of shares at current prices.pic.twitter.com/JBSj5LDe03
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A lot of options are going to be exercised. Lots of shares are going to change hands. I am not sure if this volume could lead to a gamma squeeze, but it's a lot of contracts.
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I suspect a lot of those 20 and/or 22.50 puts were sold given the 20 NAV "floor".
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I think the 20's were purchased for credit spreads in order to lower required cash.
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gamma squeeze
loaded 100 weekliesThanks. Twitter will use this to make your timeline better. UndoUndo
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Will it print!!
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I like all the OI for strikes above 30 for this week.
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Send it Bill. Burn MF"rs
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I Like this
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