May. 15 at 2:36 AM
$FRMI is on fire, up 22.8% today and 42.6% over 5 days after that Q1 and Fermi 2.0 news
This momentum is wild but chasing here could be risky without clear support
Options flow has been crazy, 100% call side with about 36k contracts and
$4.6M in premium
Spotted a
$1.46M sweep of 6/18
$6 calls on InsiderFinance
Bulls are clearly in control but with IV around 140 to 155%, new entries are pricey
Strong setup but watch for any pullbacks