Its the same old crap going on for the last nine months. We need a strong BO rumor or an actual offer Expanded label should get things moving as far as PPS and BO.—- only a little over 3 months now or possibly less
Not many options expiring today, next week a lot more calls at 18 and above than Puts. Always hard to tell what MM inventory is and what algorithms are driving stock movement. For today nothing about option interest should effect the stock price.
If options mean anything it would stay below 18 by next Friday and be between 18 and 19 by July monthly option expiry. Option effect on SP is overrated however.
It's amazing how it has basically pinned around the $18 number since they raised money at $18.
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