I cannot find stock to borrow ---- try to buy may 75 put --- I would have thought that OI and daily volume would pick up and match the daily stock activity - not so far
i wonder how much of this activity is due to shorts not wanting to show their losing position for quarter end. definitely feels like the biggest short squeeze in a while. when it stops, it will drop IMHO.
my source tells me that he had some orders to cover from Hedge Funds this morning - but these were new shorts from Friday last week !! Definetly window dressing here . I wouldn"t be surprised if TASR is on the cover magazine of Fortune Magazine
If you want to get short, sell the call and buy the same-strike put. You're losing $.50 in edge, but synth. short. Pick a strike, any strike. riskarb