There is an interesting phenomenon going on with stocks with heavy short positions with 100ks call options that are in the money and expiring this week; i.e., GME and AMC. There are more and I am wondering if the hedge fund shorts that are being bled are the reason for the broad market selloff -- they are forced to sell to raise cash to buy shares to cover their short positions.

My hopes that such a short squeeze happens with CYDY stock is dashed somewhat, but there's still a chance. If the shorts get trashed a couple weeks longer and unblinding data gets released, the demand for shares may be able to add to the shorts' pain!!

I SO enjoy what is happening to the shorts even though my other positions are down.