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It'll move, weekly options are high gamma.
Do we know if he bought weeklies though?
It will definitely move fam. Even if the underlying moved $1.50 he would still make moneyEven at $55, the value of the option wouldn't move because it is so close to expiration.
Deep OTMs aren't necessarily gonna move like that. You need volatility and time to see significant moves in OTMs. And as was mentioned, the spread could eat any gains on such a small move as well as time decay with only a week left.
I'd really like to know what the delta, gamma, theta and Vega was on friday.
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