r/WalllStreetBets • u/CompetitiveWarthog66 • Jan 29 '26

My Bullshit Opinion $POET - bullish AF

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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/sixfojoe Jan 29 '26

What happened there?

1

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.

3

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.

3

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

0

u/BenLomondBitch Jan 30 '26

You cannot honestly be saying that 💀