$LCID its _老虎社区_美港股上老虎

2022-01-08

$LCID its funny seeing all the comments on this board about why it didn't keep running etc. If you were watching option flow, it was the massive influx of call volume at higher strike prices that was causing all the inflow on the tape. Right when it squeezed from 42.5 to 43+ the MMs blew up the IV on the options b/c risk of gamma squeeze on the 1/7 calls. That destroyed demand for calls and hence inflows slowed down and profit taking happened. Was never able to get past that high b/c that blow off top brought in so much supply. Easy sell of the $43 calls knowing that would be the top $Lucid Group Inc(LCID)$

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