and herein lies the game. most people invested here have put...

and herein lies the game.

1. most people invested here have put their money in long ago and are waiting for the pay day.
2. so the main people buying and selling here are traders and market makers/brokers/cps
3. market makers however know that theres a sizeable amount of options about to expire.
4. some (one) these market makers has a free carry card where they get to mop up unexercised options for nix and pay 1.1c to get a full share come end June 2022.
5. the punters that still hold options, need to sell the options or convert them or sell some shares to raise cash and then convert options.
6. so basically the object of the game for the market makers is to ride this dynamic and keep the SP low, forcing option holders to pay up out of their own cash, or sell the options.
7. and at the end of the road, there is a troll waiting that will gobble up any options not exercised...for nix.

the moral of the story is that if you're using options for leverage, and youre still holding 3 months out, be prepared to exercise them, or you will get raped. SH wanting to sell within this period will also get raped.