A common sense analysis of SPCE SpaceX pump.

Ok, I am regarded cause I look at numbers but hear me out... https://preview.redd.it/anlva4ieqi4h1.png?width=1034&format=png&auto=webp&s=b85bbea7f0dc1a09a2d58c1cd69f8f17dfecfecd First the IV is at an extraordinary 205% - in the top 100% percentile (yes, 100%). Even if you get the direction right, IV crush can kill all your call gains. Current net dealer positioning is likely slightly positive gamma, not deeply negative gamma. The most explosive part of the squeeze may already have occurred unless fresh call demand develops at higher strikes ($7–10). So IV and theta are against you, if you're buying calls, you better hope on your mother's lives there's demand / continued pumping this week or you're screwed.