Jun. 2 at 7:11 PM
$AVT popping off today with a 7% breakout
No news driving it, just aggressive short-dated call sweeps chasing the move
All 2,458 contracts in the last 5 days are calls, zero puts
That's some serious bullish momentum
But heads up, this is tactical
Elevated volatility here, so any bullish play needs to be short-term and tightly risk-managed
Check out that 1,431-contract June 18
$100 call sweep
Hit the ask at 8% OTM, with open interest just 123
That's a big bet on a push to
$100 in the next few weeks
Keep an eye on that level for targets and risk
