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GRPN Pt 6 - High short volume into a nice pump

G
Jul 22, 2026 · 20:37

Was pretty distracted today with other things, as always, read through any of the really good DDs.

I said yesterday, the short vol was going to probably be over 60% and it was 67%. That is according to chart exchange which doesn't track all short volume, but it seems to be a good proxy. That was the highest percent it's been in 30+ trading days. And this is also why some of these 'short interest' trackers can be deceptive (i.e. iborrowdesk) it's just a snapshot of certain vendors. So wasn't surprised at all with the rebound today.

Via IBKR, the short volume picked up \~1:00 EST today, which is when the price stalled out a bit. No clue what to expect tomorrow, I would be it holds over $28. There was a ton of volume on the 35C and the 32C, we'll see if those are new or someone closing out tomorrow.

I did close my 35C today and tried to close the 30C, but wasn't getting any bites (had them at $3.20) - so I still have all 200 contracts still open.