Jul. 4 at 5:51 PM
$DJT Ridiculously Bullish Options Setup
267K calls vs 177K puts. After adjusting for deep OTM long-dated puts (~101K in Jan 2027 with 65K at
$5 or lower, plus 10K in Jan 2028), only ~55K puts are relevant near-term. Calls outnumber relevant puts by over 3 to 1. Market makers are heavily short calls and will be forced to buy shares to hedge. Gamma will crush theta on a real move.
Institutional & Holder Shift
The institutions buying are not the same retail majority from before. These are longer-term, stickier holders in it for the fusion story.
The Plumbing Is Changing
Cleaner tape, reduced visible shorting, high utilization, bullish options gamma, and sticky holders = a materially different setup.
Why
$16–
$40 (maybe
$50) Is a Joke
A real S-4 + TAE re-rating to
$10B–
$15B+ implies
$50–
$55+ at current float before squeeze dynamics. With the layered overhang,
$80–
$100+ in a strong unwind is not crazy.
