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Will the history repeat again? from GME then AMC then next is…………CLOV?

Will the history repeat again? from GME then AMC then next is…………CLOV?

I try my best to understand how the short squeeze work/gamma squeeze, do correct me if I'm wrong. Any constructive comment/advice are welcomed. For those who know how short squeeze & gamma squeeze work can comment below. Let me know your view.

When GME had its first gamma squeeze in January, there were ~150K call contracts expiring on Friday (Jan 22). Now i see we have 179.07k call option OI (up to $20 strike price) expiring this friday (16 July). If this week $CLOV go above $20, those 163.39k call option will be exercised and we can see gamma squeeze to moon real soon. (P/S: provided CLOV fly above $20 this friday and those call option are exercised which forces more buying activity which can lead to higher stock prices.==>Gamma Squeeze.

I could be wrong about the gamma squeeze. Just to share my understanding only.

Below is some data comparison

<from various source, if u found it is wrong, pls comment below and I will update it>

CLOV share price is relatively lower, Short Float is relatively higher now at 36.71%, Borrow fees also relatively high now. Call/Put Ratio hit 5.94.

CLOV have higher Short % of Float, low Float in market, relatively higher borrow fees, high C/P ratio but…..at relatively low price now….

we have 179.07k call option OI (up to $20 strike price) expiring this friday (16 July)

submitted by /u/ProblemRevolutionary
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