Jun. 4 at 4:31 PM
$AVR popping off today, up around 6% and 9% over the last five days
Traders are hitting those short-dated
$10 calls hard
Looks like the options market is betting on more upside
Watch out, volatility is already high so this is a momentum play with some risk
Saw a big sweep of 1,957 Jun 18
$10 calls, about 4.5 times the prior open interest
Price busted through
$10 so keep an eye on that level
It's a key spot for support or failure before diving into any new bullish moves