option expiration next week = dead mcp to dive sharply lol
and by next Friday, all the rare earth small investors holding all those worthless rare earth call options will be crying into their mamas' aprons, again lol
the rare earth call writers in the wall street club have spent the past three years creating these hoodwink bogus rallies in dead rare earths, typically on each Friday one week ahead of expiration date, and every expert knows it lol
small investors need to figure out these established bearish trading patterns, that have repeated time and time again for the past three years, or remain permanent residents of smallsville lol
And all the lucky holders of in-the-money Puts will be cheering as they get their hands on all the shares they wanted when they sold the Puts. You must own many Puts and are just praying for the shares to be sent to you. Although why you want to pay $7 per share when the market price is $5.45 is beyond me.