Ok so I have been in VIAC for a while before this whole crap show of a dip. Never played it for squeezing. When the dip came I went to work and charted the crap out of it and forecasted a bottom at $40 (we hit $39.81 before moving positive). Check. Start recovey. Price target $60 and $75 YE.

Now while talking with my fellow apes about price predictions this week and future forecasts I decided to take a look at the options chain and noticed something pretty great.

RSI is oversold territory right now with the price increasing on the daily candle. Stoch RSI poised for uptrend and MACD momentum shifting. We are entering an uptrend. Again supporting that $40 bottom and new (technically 2020) trend channel.

VIAC closes above $45 by WE easily and apx 61k calls are ITM, apx $270.1M. We are already there.

VIAC can close a very doable price of just above $49 Friday now 150.1k calls are ITM or $676.26m.

This quite literally puts all the calls ITM and all the puts OOTM Friday.

This pattern of calls continues until June 18th. With most calls in the same window. With VIAC holding $50 before weeks end we may be looking at a Gamma Squeeze coupled with fomo rocketing it back up to it's former price point, then repeating all month. There is also some borrowed shorts in there that would get screwed as a nice icing on the cake.

***EDIT*** wish I could post the picture maybe I'll have to photo bucket it. BUT

Right now VIAC is trading in the same channel it entered in May 2020 before the run up this year. It's a more stable  trendline than the path it was on before the dip. It's been in this channel 84% of the time in the last 14 months. It's at a more stable price than it's been at Feb.

**Edit*** pictures added

[VIAC chart showing return to stable channel](https://app.photobucket.com/u/lk-twoonefive/a/f66e1f19-2aee-4fcb-acb9-1c2880488adc/p/7ce58655-89b1-4e3d-9b72-d4c451061242)