Feb. 4 at 5:48 AM
$FFAI
$FFAI (based on the public trading record through **Feb 3, 2026**): **Sustained off-exchange execution (~56% on Feb 3; 30-day avg ≈60–63%), inelastic cost-to-borrow (~9.8–10.4%) with discrete 0→150–250k availability refills, dense options OI clustered at
$1.00–
$1.50 (max-pain
$1.00), and recurring FTD spikes (peak 875,003 on Dec 18, 2025) — collectively consistent with a structurally administered price-discovery profile that is facially lawful but warrants CAT-level reconstruction and Reg-SHO/market-structure supervisory review.**