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I know this will be unpopular here, and I’ll admit up front, I don’t know shit about TYDE. But, every time I see something on Reddit that is supposed to be a guaranteed catalyst for a stock (JUST WAIT! When TLRY merges, the stock is going to fly! Or, when those RKT divvies pay, the hedgies will be SO FUCKED!), my experience is that nothing happens - or less than nothing.
And, it’s more so when people rant about how “it’s different this time!” because of some obscure statistic about which there is little readily-available public data.
So, while I hope TYDE has a great impact (I hold 4 call contracts for BBIG), I’m relying more on the fact that option open interest is high going into 2/18 OPEX, short interest has increased, and popular momentum here will cause some gamma covering type of price action. And, if it doesn’t happen this coming week, I’m seriously looking at exiting/reducing my position, NOT holding until OPEX on the 18th.
Not advice, just opinion. I’m stupid. I sold ISIG at 7.
Best of luck and may we all prosper!
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