May. 24 at 3:24 PM
$BMNR sitting right in that max pain pocket (~
$20), with price hovering just below at ~
$18 — basically a tug-of-war zone into May 29 expiry.
Calls stacked heavy way higher (~
$35 strike area), but the interesting part is the short-dated positioning right around spot: puts clustered at
$18–
$19 acting like active pressure, not just tail hedges.
So this is less “directional breakout” and more “who blinks first” around
$20.
Above
$20 → pressure eases, call-side momentum can start building toward
$24+ and higher strikes.
Below
$18 → gamma flips, and downside liquidity pockets open toward mid-teens.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!
