May. 21 at 2:32 AM
$BL — BlackLine. Finance automation software embedded in Fortune 500 accounting departments. Down 58% from highs and building a cup base at
$30.87 support. Then
$1.49M in ITM calls just swept ABOVE ASK with ISO tags — twice — same strike, same expiry, 7 months out. December
$27.5 calls. One entity. Two tranches. No hesitation.
🐂
$30.87 holds and the blue arrow path plays out.
$37–38 first leg then pullback then
$46–47 second leg.
$1.49M ITM above ask ISO doesn't show up for a short-term trade.
🐻
$30.87 loses and
$28.77 then
$24.70 retest. SAP and Oracle building native close automation is the structural overhang.
⚠️ ITM calls. Above ask. ISO.
$1.49M. 7 months. Two tranches back to back. That's the loudest flow signal on the board today.Somebody just paid
$1.49M above ask to own December ITM calls. The chart already had the path drawn.#BL #BlackLine #FinTech #AccountingAI #OptionsFlow #ISO #TechnicalAnalysis #hovdid