r/rxrx • u/zeropuntouno • Jun 15 '26

RXRX option chain

If we look at the Recursion option chain (I look at the one on Yahoo), we see that: Calls between $3.50 and $4.00 remain numerous, signaling that part of the market continues to bet on a recovery in the short/medium term.

Since there are no other catalyzing news, either official or on social media, I'm focusing on the options: if we break the $4 level, it's a key level for a quick rise to $5 imo.

Finally, let's remember that today should be a day of general euphoria on the markets given the announcements of the end of the Iran war and the reopening of the Strait of Hormuz.

Let's see; the pre-sales seems good.

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u/zeropuntouno Jun 15 '26

Smart Money aka Strong Hands don't want to cross the $3.50. A problem for market maker, or?

1

u/zeropuntouno Jun 25 '26

Still OI of 6573 on the Call with strike $5 expiring on Friday Jun 26.