- Entry
- $7.45
- Now
- $7.43 -0.3%
- Target
- —
- Score
- —
Currently a hedhe position of about 6 million worth of stock is expected to be closed by market makers and delivered directly to the shorts accounts. If they manage to crash the price by the end of the trading day to under $7 that's gonna be 18 million shares. If however, institutions or retail push the price by 10-12 percent bellow break-even for the $8.5 puts, that's 18 million worth of shares expiring worthless. Curret SI sits at around 35 …