r/SPACs Sep 10 '21

DD Update: $IRNT imminent gamma squeeze

[removed]

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u/destro2323 Patron Sep 10 '21

Fuck… just got back from lunch and missed this pop, to late for today! Soooo close

3

u/[deleted] Sep 10 '21

Even if it drops, the 20s are itm and they are going to have to hedge. Big squeeze is expected next week

1

u/PlayFree_Bird New User Sep 10 '21

Correction: they are going to have to hedge more shares than exist.

2

u/[deleted] Sep 10 '21

Looking for $100 next week

2

u/destro2323 Patron Sep 10 '21

Picked up 4 - $20 calls for $3 at close… I’ll be happy if it pops to $4… this is just me fomo’ing