Dec. 25 at 6:31 PM
$CRWV Observing calls and puts, Shorts want to drag this to
$75 tomorrow and push for a total breakdown , while the bulls want to pull this up towards the
$85 area.
The combination of Munroe bros massive buying and the bullish put/call ratio suggests the "smart money" is leaning long. However, the high open interest at the
$80 Put suggests a lot of traders are hedging against a "Christmas hangover" sell-off.
If the stock can clear and hold
$81.20 in the first hour of trading, it could trigger a small "gamma squeeze" toward the
$84–
$85 range as short-sellers at the
$80 strike are forced to cover. Conversely, if it drops below
$77.50, the
$75 Puts will start gaining value rapidly, potentially accelerating a move down. The larger strength at this moment is on the long side for tomorrow morning , but it could be one heck of a volatile battle.
