Aug. 11 at 6:53 PM
$OPTX The Key Exercise Price and OverhangThe absolute psychological and structural ceiling for the stock sits at an exercise price of
$11.50 per share.The Ceiling Mechanism: Whenever the stock price of OPTX pushes past
$11.50, these warrants become "in-the-money." Warrant holders will begin exercising their rights to buy common stock at
$11.50 and instantly sell those newly minted shares into the open market to lock in a profit. This creates a massive wave of immediate selling pressure, heavily suppressing the stock from moving significantly higher until the warrant pool is cleared.
How Much Is Involved?The total volume of shares attached to this structural overhang is enormous relative to the company's size, totaling roughly 21 million shares.According to SEC filing disclosures, the breakdown of the underlying common stock tied to these
$11.50 warrants includes:Public Warrants (OPTXW): ~14.11 million sharesPrivate Warrants: ~6.92 million shares
