LogFAQs > #962810979

I felt having more time was worth the premium increase. Feels less like gambling and more of a certainty with that duration than say one-two week duration.

Like this Russia stuff even though I think it's not going to pan out is going to pin the market a bit. And Tyde, I mean, I don't know a date. No one knows a date. We just know the filings and the amendments. I think this week is say I don't know 30% likely. I think before April 14 is 95% likely.

Also keep in mind even if we get Tyde record date, we need to hit the date AND the date needs to pass for the pressure to really begin. What made Overstock really run wasn't just at the immediate forced covering, but also the outstanding options and crossing those intervals with huge amounts of options in the money. Overstock record date was like, May something and it didn't hit $100 till July. I imagine it's because it had a ton of stacked options chains that took a while to shake out, like for instance say we cross $10 next week. That puts every full option chain until April 1st fully in the money. We're talking tens of millions of shares each week. That creates constant upward pressure for weeks and weeks as MM constantly need to hedge millions and millions of shares just for calls. You wanna maximize the pop you gotta shoot behind.