WEN still has \~33% short interest, \~6.6 days to cover, and call buying is ramping. If this gets back over $10, dealers hedge, shorts sweat, and I still think things could escalate fast. Iβm loaded with July calls. π
| TICKER | WEN | USER | u/Lancerevo012 |
|---|---|---|---|
| RATING | BULLISH | ENTRY | $8.57 |
| POSITION | 1195 sh SYN | BOOK VAL | $10241.15 |
| CURRENT | $8.27 | P&L % | -3.50% |
| CURR VAL | $9882.65 | P&L $ | -358.50 |
WEN still has \~33% short interest, \~6.6 days to cover, and call buying is ramping. If this gets back over $10, dealers hedge, shorts sweat, and I still think things could escalate fast. Iβm loaded with July calls. π