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re: AUPH - Aurinia Pharmaceuticals

Posted on 9/13/21 at 8:03 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
18996 posts
Posted on 9/13/21 at 8:03 pm to
What do you make of the absolutely insane OTM calls at $25 and even $30 expiring THIS Friday?!
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36765 posts
Posted on 9/13/21 at 9:28 pm to
I just have a hard time imagining us going up 25% to 50% more without buyout news. so my guess is they expire worthless but the volatility and price action probably made some folks money already.

The options ladder guy i read last night explained they didn't expect to run up to $25. short interest needs to be around 30% to create the feedback loop and is at like 17%

Idk if any of that made sense to anyone else but
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