Alright,
SpaceX is joining the Nasdaq-100 by short entry rule on July 6th so passive index fund on the planet buy billions of dollars worth of shares to match their weighting.
So, simple math, right? Institutions get forced to buy -> Price goes to the moon -> We get our tendies.
But here is my question: I feel like everyone and their grandmother already knows about this "guaranteed" institutional buying pressure, which usually means the market is going to fuck us over somehow.
Are we looking at a classic "buy the rumor, sell the news" event, or does the limited float actually make this a gamma squeeze waiting to happen?
I’m thinking of yoloing my savings into July expiry calls, but I don't want to end up eating ramen for the next 6 months if it dumps on the news.