Jun. 16 at 2:18 PM
Notable flow showing a clear mix of defensive positioning + small-cap convexity + macro hedge exposure.
$PG 155C (7/17) -
$2.8M - defensive mega-cap upside continuation, steady institutional accumulation in safety names
$ALKS 45C (8/21) -
$1.38M -- biotech optionality ahead of catalyst window, longer-dated upside structure
$WYFI 35C (7/17) -
$760K - lower liquidity name, momentum/speculative positioning
$SILJ 32C (7/17) -
$487K - silver miners / metals beta, inflation + macro hedge exposure
$BTBT 2C (11/20) -
$380K - crypto-linked high beta positioning, asymmetric upside lottery-style flow
Overall tape shows capital rotating across three lanes: defensive compounding (
$PG), commodities hedge (
$SILJ), and high-beta speculative leverage (
$BTBT,
$WYFI). NFA.
