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Notice:
• $7.5 Calls traded 11,900 today (huge)
• $8 Calls traded 29,644 (= massive)
This means retail + momentum traders are betting on upside.
What do Market Makers do when retail buys calls?
They push price down or hold it flat to kill the call premiums.
This is exactly what we are seeing.
I've beeen holding on to 215 shares of
NOK since 2020 when they were only $2.23.
The last news I expected to see was a $1B investment from Nvidia 😅
But thanks, my shares finally moved
The last news I expected to see was a $1B investment from Nvidia 😅
But thanks, my shares finally moved