Submitted by hardyrekshin t3_11bbfts in wallstreetbets
wordsofmassdiruption t1_j9zw1mj wrote
Reply to comment by hardyrekshin in 2023-02-27 Wrinkle-brain Plays (Mathematically derived options plays) by hardyrekshin
They just announced the Mercedes deal that they said would raise their business by “an order of magnitude”. They are announcing 4th quarter earnings and are supposed to make a few more major announcements. With 200k call options between $7.50 and $9.50 expiring Friday, the catalyst of good news could easily cause a decent squeeze. Held with high volume above the options that expired on Friday, so seems like it has a good chance it can repeat this week. Just saying not sure a put is the way to play this one.
hardyrekshin OP t1_ja05uo4 wrote
Valid point. And thank you again for sharing the supplemental DD.
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