Stock call and put analysis
fr everyone keeps talking about a massive short squeeze spike tomorrow for RDW but looking at the actual data the structural setup just isn't there for a violent blowout right nowYes the short interest is high around 22 percent of the float and Fugazi Research has been aggressively bashing the stock over cash burn and dilution but here is the catch the volume is absolutely insane right now averaging over 30M shares a day. Because of that the Days to Cover is sitting at like 0.7 so if shorts want to exit they can dump their positions in a matter of hours without getting completely trapped in a buying loopThat said the stock is definitely a battleground. It closed up at 12.23 after the Taiwan Coast Guard drone contract news and the options chain is looking incredibly bullish with the put call ratio dropping to 0.05. Adulting is hard but tracking this options volume is giving me life right now nglWe will see heavy volatility and probably some decent upside swings because of the options activity and contract momentum but don't count on a massive structural squeeze tomorrow just based on short pressure. The liquidity is giving the shorts too easy of an exit route it is literally that simple