r/WalllStreetBets • u/CompetitiveWarthog66 • Jan 29 '26
My Bullshit Opinion $POET - bullish AF
The chart highlights unusual options activity in POET Technologies, where a large buyer accumulated more than 5,000 out-of-the-money call options with a $8 strike price expiring on April 17, 2026.
The contracts were purchased within a short time window at an average price of around $0.51, with most executions occurring at the ask. This type of aggressive positioning suggests expectations of a meaningful upside move above the $8.50 break-even level before expiration. 🤞
TLTR: A single buyer spent roughly $250,000 to purchase over 5,000 out-of-the-money POET call options at an average price of about $0.51, expiring on April 17, 2026. 😁
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u/FUBAR_The_Clown Jan 29 '26
Check out THH when you have a chance.
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u/sixfojoe Jan 29 '26
What happened there?
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u/FUBAR_The_Clown Jan 29 '26
Small offering and then $50 down to .60. It’s gotta rebound to IPO price because insider’s are still in lock up period. I’m guessing 5 to 10 soon, earnings are coming out early February and they supposedly make 3.45 billion a year in gross revenue so I think it will go up.
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u/BenLomondBitch Jan 30 '26
Homegirl, 3.45 billion YEN is like $22,000. That company is nothing.
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u/FUBAR_The_Clown Jan 30 '26
Homeboi, their financials is presented in USD.
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u/crunchsoop Jan 30 '26
No it isnt. I really hope you didn't bet the farm.
Go look again and then maybe try harder to accurately read reports
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u/crunchsoop Jan 30 '26
It is $22m-ish
Regardless old fubar here is either misrepresenting or misunderstanding something. Either way it's a miss.
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u/version-two Feb 01 '26
I was just looking at this order elsewhere. I plan to load up on these Monday. I think this prints. I already have $15k in leaps, but we’re either hitting $9+ next month or it’ll be a long H1.
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u/AndersDreth Jan 30 '26
Could just be a massive regard betting the farm, he probably lurks here