Can anyone explain to me the absolutely mental pricing right now on short term RDDT contracts? For a stock that has gotten absolutely hammered the past couple of weeks, their options are still priced extremely bullish.
I can understand the short term volatility of this stock but the relationship with it’s contract pricing has me scratching my head. Can anyone explain or offer some theories about what is going on?
Is it really just that all the option investors are buckled up for earnings tomorrow? While that makes perfect sense, the magnitude of the situation seems extreme.