Apr. 18 at 1:55 AM
What's going on with
$AVTX?
Despite the flat price action, a big player just dropped some serious cash on OTM put sweeps for mid-May
We're talking 1,707 contracts and
$332K in premium at strikes way below spot
Saw this on InsiderFinance and it looks like fresh downside protection
With around 490% IV, this could be early positioning for a dip
Keep an eye out for more flow or price confirmation before jumping into bearish bets or unhedged longs