Feb. 21 at 5:52 PM
$ONDS despite option writers best efforts to suppress
$ONDS common, it managed to close a hair over 10; so all the HUGE numbers of Calls at that strike or lower will get assigned on Monday. The Writers did succeed in holding ONDS below 10.50 or 11; where it likely returns to promptly.. and higher. Remember this wasn't a weekly, but the February monthly Expiration; so there was higher Open Interest than on merely weekly options. Probably this heads to 'teens soon enough and we ought to give a glance at 'cheapo' (if they deliver) XTI Aerospace. NOT at all for VTOL research; but
$XTIA bought 'Drone Nerds' which is a reseller for
$UAVS among others .. and
$UMAC has invested in this combination.. with
$ONDS sort of lurking behind these deals, it almost seems. Both ONDS and
$BBAI were notable for closing Friday just low enough to retard tons of Calls from being assigned...likely setting all up to rally 'if' the world doesn't 'el foldo' by Monday. :) Cheers.