"Sittin' in the mornin' sun
I'll be sittin' when the evenin' comes
Watchin' the shorts roll in
Then I watch 'em roll away again
I'm sittin' on the dock of the bay
Watchin' the PPS, roll away..."
Look at the volume of March 20, 2020 $2 and $3 calls, as well as the June 19, 2020 $2 calls. Is this just smart small investors expecting a turnaround shortly?
Or is this volume, in large part, the shorts loading up for the ride back up?
Volume of March 20, 2020 $2 calls - 1,583
Volume of March 20, 2020 $2 puts - 24
Volume of June 19, 2020 $2 calls - 1,840
Volume of June 19, 2020 $2 puts - 20
Lots more room above then below to make money.