Oct. 16 at 5:53 PM
Seeing some interesting action on
$ALE today
We've got 5,000 ask-side sweeps in the April 17, 2026
$70 and
$80 calls at
$0.15, totaling
$75K premium
Looks like some deliberate positioning
With that far DTE and minimal spend, it's smart to hold off until we see a push toward
$70 or some IV or volume action
Over the last 5 days, it's been all calls
We're seeing 5x volume growth and 6.5x momentum
Yet the price isn't moving and there's no news
This divergence suggests positioning rather than a near-term catalyst
Keep an eye on it but no rush to dive in without more signals