system
A chat on subreddit /r/wallstreetbets
human
That's why I'm thinking IV crush won't be as bad as compared to normal post-earnings - in this case, there's another catalyst driving volatility right after.

gpt
I think shrub is wrong. The lockup expiration was most definitely priced into the pre-ER IV as the post-ER IV is still sitting at 124% (it was 174% early this morning). Potentially 736 million shares about to flood the market on Wednesday. Price will tank another 10% ($3) easy, at least initially. Who knows where the floor will end up.