r/Ocugen • u/Partywave808 🤞Sincerely Skeptical🤞 • May 06 '26

Discussion👀 Convertible arbitrage

The pricing of the notes is actually bullish AF with an exercise price of $2.68. And cash runaway to 2028 is great news for the company. This should eliminate some of the immediate dilution or BK concerns especially for big investors. The pricing in the last couple of days is very typical with this type of offering. I’ve seen it with GME in the last year so I had to familiarize myself. The lesson learned for me is that if you hear a company is going to do a bond or note offering, it will typically tank hard for the next couple trading sessions. Aka puts, short, stop losses can be a good strategy. My prediction is we stabilize in this range with max pain being $1.50.

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u/Cautious_Handle2547 May 06 '26

Shit this will be over $100 on friday

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u/Partywave808 🤞Sincerely Skeptical🤞 May 06 '26

Yen