Here come the shorties posting information to scare investors and save the money stealing shorties
Option Witch | Unusual Activity Points to a Bearish Opportunity for Faraday Future
While technology players like Nvidia and Super Micro Computer have dominated the market this year, the business week ending May 17 belongs to electric vehicle manufacturer Faraday Future . If you haven’t heard of the enterprise, you’re not alone. It’s also a sign that if you’re like most investors, you should steer clear of FFIE stock.According to itspublic profile, Faraday is a “shared intelligent mobility ecosystem company.” In early 2021, the company made its public market debut via areverse merger with a special purpose acquisition company . I can probably just end the discussion right here considering how brilliantly these blank-check firms have performed post business combination.Interestingly, theoptions flow screener – which filters exclusively for big block transactions likely made by institutional investors – was abuzz with activity. What was particularly intriguing was that comparing options with bullish and bearish sentiment, the number of transactions with six-digit prem
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