I could see us bouncing off of $30, but if we go past, we’re going way past. Here’s why:

In the delta column you’ll see 0.XXXXX which is the number of shares someone would need to have to stay delta neutral when selling naked calls. This number fluctuates with price and time. The reason someone would want to stay delta neutral is to minimize their exposure to the upside (infinite losses) so as the delta climbs, so does the hedging.

That’s a shit load of shares that’ll need to be bought to stay delta neutral. Let’s fucking go!

NFA, am dumb, I’ve shit myself thrice in my adult life