BIG WEEK Ahead for Lucid | 79K IMT Lucid Options -Gamma Squeeze ?!🔥Lucid Stock Analysis
Overall Thesis
With 79K in-the-money options requiring market maker coverage on Tuesday, a pre-earnings FOMO run toward $3.42-3.60 is likely, and the speaker expects Lucid to continue building momentum toward a pre-earnings peak before the February 25 report determines the next major leg.
Narratives
79,000 ITM options (at the $2.50-$3.00 strikes) require market makers to cover approximately 7.9 million shares on Tuesday's market open, providing a mechanical upside catalyst. The speaker also notes abnormal after-hours buying on Friday as likely additional market maker coverage. A pre-earnings FOMO run to ~$3.42 is anticipated, with potentially higher if guidance is strong. The key Trump executive orders at inauguration could create EV-related volatility. Short interest at 18.99% with room to double-down if data turns negative.
Key Arguments
- 79K ITM options at $2.50-$3.00 strikes require ~7.9M shares of market maker coverage on Tuesday — mechanical pop
- Abnormal after-hours buying Friday likely from market makers pre-covering those options
- Shorter week (MLK Monday off) compresses volatility into fewer trading days
- Pre-earnings FOMO run historically drives LCID to a local peak before the actual print