That means the short play is dead and the shorts have taken the easy money from 77% to the 22% premium slide (which all you find perma bulls were touting and telling others to buy) and the shorts have moved on and or will wait for you Dumb F to bid up the premium once yet again! which you will fail to because they are distributing out before another imminent 15% drop.
This isn't Thermodynamics, a simultaneous equation is the most complex math of this buisness and add the factor called manipulation which is the "random" part of the equation of the "game" they call stealing your money.
Somehow they think they are braniacs because they can cheat and steal better then most other disciplines. :)
You know Dave, I've always been amused by fools who have to be in control. Damn #$%$ don't even realise that they are being controlled, by fear. They are so afraid they can't even be themself. That is the reason they hate freedom in others.
Meanwhile we dance, upside down, inside handcuffs.