Now you know what the B.S. Move late yesterday was about.
Protect the low yesterday. They gave themselves 3 bucks of room by bouncing this 1.50 the last 20 minutes when it was all selling all day. They just killed the weekly puts . This is how all Wall Street hype stocks trade when the air is finally coming out. They will trade this back and forth for months keeping all the option premium while it slowly falls.