REDDIT
$VIVO - 150% SI. 4 trading days until June 30 catalyst. Gamma ramp getting gnarly
How we doing $VIVO fam? Market deep red but VIVO right around breakeven for the day. I wonder where we’d be if the market wasn’t deep red today
The July gamma ramp is getting juicy into the June 30 catalyst. As of right now, \~4,300 OI at the $7.5 strike, \~3,300 at the $10 strike and \~1,000 at the $12.5 strike. This is a serious gamma ramp, with nearly a million shares of potential dealer hedging/forced buying. Recall the tradable float is roughly 2.4 M
Holding long and strong into catalyst, the more research I do the more confident I am that Core42 is the tenant. Time will tell
VIVA LA VIVO!!!!