Sep. 20 at 3:09 AM
$BLSH looking strong after that aggressive sweep into Oct 17
$100 calls
Nearly
$593K spent at 3:59 pm on 4,891 contracts
That's about 20 times the existing open interest
Some serious upside positioning right after their blowout earnings
Q2 EPS crushed it with
$0.93 vs -
$0.05 expected
They raised Q3 revenue guidance to
$69 to
$76M from
$57.1M
Stock's up 24.4% over the last 5 days and 5.4% today
Momentum's there
With IV over 100% maybe consider call spreads or other risk-defined plays to manage it
Keep an eye on this one