now we were added to the Russell. So people who run Russell index funds will buy shares of clov at any price so that their funds continue to mimic the Russell index. This will take place on the 25th
The options expire on the 18th which could trigger a squeeze. That is on the 18th.
The shorts will also have to cover and they will be competing against the Russell funds. And if the option squeeze happens it will be very expensive and cause a dash for the exit.