i wrote up a whole DD on friday but it got removed so I'll just keep this brief. Why I am bullish the long and short of it.
First off if you look at the first screenshot ctb has gone parabolic. started off at 1.83% by the end of friday it is now 4.5%.
rebates have gone negative.
and this is a big one, second screenshot 60m volume shorts on friday. all those shorts paying a much higher premium. You don't increase ctb and decrease rebate unless you expecting some extreme volatility.
last off, as of the past 30 minutes, somebody used up 3m of the 4m available shares to short in a 2-3% decrease in price. How that impacts the ctb ill be watching for.
i don't know if the squeeze is over, but there's a lot of reasons to believe volatility is not over.