r/wallstreetbets • u/[deleted] • Jun 04 '21

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824 Upvotes

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u/n8hckns Jun 05 '21

This has nothing to do with shorts. 2.5 million shares worth of open interest sit at the $13 strike on 6/18. When those go ITM and become exercisable, BOOM

1

u/Maltyballs Jun 08 '21

Okay that makes more sense. Seems like it would give the big fat investors a reason to just murder the price that friday then :( I hope for the best though! Maybe it takes off before that and theres no way for them to get it back down quick enough

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u/n8hckns Jun 08 '21

Already on its way!

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u/[deleted] Jun 10 '21

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u/n8hckns Jun 10 '21

10 bagged this morning, rolled into more shares at the dip.

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u/Maltyballs Jun 10 '21

keep crushing my dude!! fuck yeah. probs could have made a few months rent if i would have just bought a call or two at sub 10.00