$ASST has 26.5 million warrants expiring 10/10 at a $27 strike, combined with 30% short interest (~8 days to cover). If the FOMC holds rates on 9/16, BTC stability could push $ASST above the $27 pin, forcing naked shorts to cover and arbitrageurs to exercise warrants, triggering a squeeze. Go long on $ASST for a 4.5-week momentum/squeeze play leading into the October warrant expiration. A hot inflation report leading to a Fed rate hike would likely crash BTC, dragging $ASST down and rendering the warrants worthless.
$ASST has 26.5 million warrants expiring 10/10 at a $27 strike, combined with 30% short interest (~8 days to cover). If the FOMC holds rates on 9/16, BTC stability could push $ASST above the $27 pin, forcing naked shorts to cover and arbitrageurs to exercise warrants, triggering a squeeze. Go long on $ASST for a 4.5-week momentum/squeeze play leading into the October warrant expiration. A hot inflation report leading to a Fed rate hike would likely crash BTC, dragging $ASST down and rendering the warrants worthless.
Retail traders on r/wallstreetbets are misreading the original post's ticker ($ASST). The confusion is leading to unintended retail buying pressure on $ASTS (AST SpaceMobile) instead of the intended crypto stock. Buy ASTS calls at open to front-run the mistaken retail momentum. The buying pressure from confused retail traders is insufficient to move the underlying stock.
Retail traders on r/wallstreetbets are misreading the original post's ticker ($ASST). The confusion is leading to unintended retail buying pressure on $ASTS (AST SpaceMobile) instead of the intended crypto stock. Buy ASTS calls at open to front-run the mistaken retail momentum. The buying pressure from confused retail traders is insufficient to move the underlying stock.