CCXI squeeze possibility? Large OI ITM after FDA approval, price targets raised, ITM OI represents 1/3rd of average volume

Not good at this but have been thinking about the mechanics of squeezes with options chains and floats, so placing a request here. Thanks!

Ticker: CCXI
Description of why you are requesting DD: Large ITM OI after FDA approval, price target raised to $100+
Applicable links to news articles or Reddit analysis: Options chain:

If I remind myself, I will look into CCXI; it was already on my Risk it for the Biscuit Stock List! However, It did playoff to be an excellent swing from the run-up off 18$

1 Like

You could do some more dd if you believe there’s a possible squeeze

Thread closed/ Archived dm if it needs to be reopened!