March 16, 2026 - March 18, 2026, the $18B option surged from 56c to 74.5c (an 18.5c gain), moving completely contrary to the negative news of Kraken pausing its IPO, indicating extreme chaos or manipulation within the market. Meanwhile, the $22B option fell from 54c to 46c, further exacerbating the price inversion.
March 1, 2026 - March 3, 2026, the $26B option fluctuated from 38c to 20c and then surged to 43c (a 23c swing), while the $24B option moved from 50c to 47c and back to 48c. The reason is chaotic pricing due to liquidity dry-up, likely caused by a whale aggressively buying into higher strikes without sufficient counter-parties.
February 28, 2026 - March 3, 2026, the $22B option price fell off a cliff from 43c to 23c (a 20c drop). This trend completely diverges from the rise in $24B/$26B, which is extremely irrational and suggests a fracture in market depth or severe algorithmic mispricing.
February 28, 2026 - March 3, 2026, the $16B option price rose from 59.5c to 73c (a 13.5c gain), indicating that despite the chaos in the middle strikes, confidence in the base valuation (>$16B) is strengthening.