u/IndependentSmoke4744

The author argues LFVN's fundamentals are unchanged despite a 2% drop, and that high short interest and cost-to-borrow remain intact. They view the sideways action as base-building and shakeout typical of a squeeze rather than a breakdown through support. They expect the move to end in the $16-20 range, which they say would still be a great win for their calls, and they are still holding. Main risk acknowledged is that squeezes don't go straight up and the outcome is uncertain. Reported returns track the underlying asset, not option P&L.