Sorrento Therapeutics Inc (SRNE)

[munhoi]

there are very few open interest contracts near $4 expiring for next two weeks, that is when srne will surge back up like a boomerang after today is over IMHO

its all about the derivatives being played out

INO isnt down at all today even though they have higher short interest because they have no call open interest options that are being wiped out by the short players trying to monetize on cleaning them out


its a options destruction play today then it will surge the next two weeks


thats whats going to happen IMHO