Mar. 27 at 4:39 AM
$BBY —
$1.3M+ in calls today. Zero puts. And the chart just broke out.
Flow breakdown:
→
$614K BLOCK:
$63.97 calls, flagged unusual — anchor print
→
$335K BLOCK: Apr 17
$63 calls — 4 week runway
→ Multiple Mar sweeps stacking
$62–68 strikes all morning
All calls. All same direction.
$1.3M+ in one session.
Chart: descending wedge from
$90 high. Ascending trendline from
$52.06 low. Volume Profile POC at
$68–70 — that’s where the calls pay.
RSI recovering from lows. 437K volume on today’s +4.67% bounce.
The institution buying
$63 calls needs:
→
$63.85 →
$65.40 →
$66.40 →
$68.09 POC →
$70.08
Fundamental caveat: BBY has real tariff exposure on electronics imports. This is a technical bounce thesis, not a fundamental story.
But
$1.3M in calls doesn’t lie about near-term direction.
$65.40 reclaim = bull confirmation.
#BBY #BestBuy #options #flow #hovdid
