Deep OTM put does not fall although stock is up 40 %

A

antares66

Just watched the puts for SPRT. Stock is up over 40% to $19.70 but the put with $8 strike, expires 10.15.21, does not fall. What´s the reason for that? High implied volatility?
 
they blew up the OTM downside 80 vol handles or so..Coming after the puts..Short interest above 60%..Can the stock be borrowed or do they charge you your first born??
 
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With 2 months left on these meme plays that's plenty of time left for it to drop hard.

If they were weeklies those puts will get destroyed.
 
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The puts on SPRT are ridiculously high on IV. Even the OCT 15 25 puts are a thousand a contract.

I've not seen this type of short squeeze since GME/AMC back in the day.
 
Well that didnt take long to get in trouble..
Im in the Oct 33-25 16 Split strike fly for a 30 cent credit...
 
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