Oct. 8 at 2:07 AM
$ARCT took a 2.6% hit today after yesterday's 11% jump
Saw an aggressive play at 3:15 pm ET with 2,792 Oct 17
$30 calls swept at 325% IV, costing about
$597K
This move is all about short-dated upside into weakness
With vol elevated and no other flow backing it up, this reads as tactical
Need to see some confirmation like stabilization or higher lows before jumping in
Keep it defined-risk only