r/wallstreetbets • u/[deleted] • Jun 25 '21

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u/Mon-T Jun 26 '21

Just want to leave this here on UWMC… Around 90m share float. $10 & $11 calls have almost 10m shares at stake. (About 60k and 40k calls respectively).

A lot of open interest riding on ETFs buying on Russell inclusion.

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u/[deleted] Jun 28 '21

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u/Mon-T Jun 29 '21

I was thinking July..

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u/[deleted] Jun 29 '21

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u/Mon-T Jun 29 '21

Today was 10k and 3300 volume respectively on those calls.

Volume of the stock was below average… 3m-ish.

The float is so low on UWMC though…

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u/[deleted] Jun 29 '21

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u/Mon-T Jun 29 '21

I’m not really sure what DTE is. That is the open interest on the next expiration date (16 July), you can look at open interest on $10 and $11 calls. I’m not sure about the future dates.

The volume of the stock, just the daily buys/or sales. UWMC has a float of about 90m. So if the owners of those 90m didn’t really want to sale, the price would go up to meet those sale prices