$Novavax (NVAX.US)$ Y'all thought this would open at $14 and...
$Novavax(NVAX.US$ Y'all thought this would open at $14 and those $0.03 per calls would get jacked up by IV to $1.40 per. THINK AGAIN LOSER!!! NO 2,000% GAINS FOR YOU
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Jaguar8 : 2000?
JC88 : Here we go again
Scolly02 : Short it?
ElusiveTraderOP Jaguar8: a stock going from low IV to jumping 200% in share price the next morning would have such an insane implied volatility those contracts would 1000-2000%. especially cheap OTMs you pay 3 doller per contract and today they run up to 100-150 doller per contract directly at open what's the math on that?
JC88 : Open 15… 30 minutes later become 5. Lol
Jaguar8 ElusiveTraderOP: The math is all about losing
Jaguar8 JC88: 44M SI and it will take intense buying pressure to squeeze them