Jul. 26 at 1:55 AM
What’s up with
$CNH?
Seeing some heavy bearish vibes here
Spotted a massive 1,250-contract August 15
$12.50 put block for a
$43.8K premium on InsiderFinance
This is just 5% out of the money with 21 days to go and it’s likely pushing implied volatility up
All the put flow today was 100% with 5.3x momentum and 1,597 OTM sweep contracts totaling
$50.5K premium
Looks like some serious downside pressure might be building
Could get volatile fast