LogFAQs > #960994863

Yeah that person has been talking it up on the BBIG reddit for some time.

Honestly if we close over $3 that is a pretty big victory so I can see why the hype is trying to be brought-- the cost to borrow has been going through the roof so it's pretty costly to short-- but the market maker really doesn't want more ITM contracts.

The $3.50 options are what I'd ideally want to push it real good. It's certainly possible. Last time we hit some hyped monthlies at a threshold was back in October and the attempt to contain failed spectacularly.

I don't feel safe at a few cents over $3 though that's for sure. I just think if we hit say $3.20 today it could shoot straight to $4 as the market maker readjusts their position to be able to cover contracts.

Next week getting the PR about the Tyde dividend seems likely though if they intend to distribute early 2022 (they need to give the market 8-10 days heads up). I'm still very hopeful for my $3.50cs for next week