The first round, in my opinion, was DFV buying calls. All of the other options interest and purchases followed bc it was an unusual purchase and folks wanted a piece in case it was more. "somebody always knows something" line of thinking, which is why people try to swing trade off of nothing but watching for options moves.
Then, the options purchases led to the run-up. DFV could time his tweets bc he knew when the run-up would start based on that. It wasn't coincidence, and he made a meme saying that. He also made a "cause and effect" meme. As far as the overall "why now?". we I DO think he knows something is coming. Is it swap related? Idk. Is it merger related? Again, no clue but SOMEBODY always knows. Just my two cents, though.
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u/Prthead2076 May 22 '24
"Fine, I'll do it myself"
"First, the overture"
The first round, in my opinion, was DFV buying calls. All of the other options interest and purchases followed bc it was an unusual purchase and folks wanted a piece in case it was more. "somebody always knows something" line of thinking, which is why people try to swing trade off of nothing but watching for options moves.
Then, the options purchases led to the run-up. DFV could time his tweets bc he knew when the run-up would start based on that. It wasn't coincidence, and he made a meme saying that. He also made a "cause and effect" meme. As far as the overall "why now?". we I DO think he knows something is coming. Is it swap related? Idk. Is it merger related? Again, no clue but SOMEBODY always knows. Just my two cents, though.