Jun. 20 at 4:32 PM
$BDTX Nothing like some clowns shorting 1/2mm shares to pin the options. A reversal is likely imminent, once they accumulate at/below that level. If we see another large dark pool fill in the 2.20s, I expect a reversal upward. Max pain should not go below
$2.20, but options pinners in league with manipulators can paper push this for a pretend outcome until July expirations too. It should operate like a pendulum with gamma scalpers, until the short manipulators get out. Eventually there will be news that does not protect them. I have it closing today in or above max pain, not below, but it depends on how they are hedging. I think we will see some comical after hours dark pool data. No way in hell these trades are happening in real life.