Not sure thats the dynamics.There's ~100mill of 7 cent strike...

Not sure thats the dynamics.

There's ~100mill of 7 cent strike options due to expire.

Some will convert and hold at the last minute, but usually with attached free options, people have already invested enough capital, so all they do is take an opportunity to sell their head shares, use the cash to convert the options, and hold the new shares, leaving them with the same number of shares originally held, as well as a bit of profit along the way

So it will be sticky on the way up, until these are converted.

Of course a ML would make it less of an issue, as (probably) fresh buyers will turn up in droves, and overwhelm the option conversion selling

Likely the 4th time I have explained this, but, oh well......