InvestorsHub Logo
Followers 25
Posts 2345
Boards Moderated 0
Alias Born 06/20/2020

Re: None

Sunday, 07/17/2022 10:23:19 AM

Sunday, July 17, 2022 10:23:19 AM

Post# of 42553
Options expire this Friday. A ton of puts were sold. Whoever sold the puts has a lot of incentive to raise the share price this week. Obviously, they aren't going to get the share price back to $2.50. But the share price getting back to a $1.00 or more is realistic. The stock is oversold and a great deal at this low level so it is win-win for put sellers to buy.