I am long the stock and I like it. But paying $0.21 for the call $60 maturity 16th July is too much. Some investors/traders are betting on a 300% rise of the stock within a month, and my basic option spreadsheet gives me a 260% IV whereas IV for ATM options stands at 135%. Another weird point to me, if my trading platform is accurate, Call on 9th July just got quoted strikes up to $35, same for the call on 23rd July, so only the 16th of July got all strikes quoted up to $60. Is this the sign that a squeeze is coming?
Jump To The Original Source