Mar. 11 at 9:04 PM
$CORZ rallying over 7% but hitting resistance
Seeing a lot of near-ATM put buying, 90% of today’s options flow is puts
Institutions are locking in gains with
$4.36M in June and March
$17 puts
This could mean near-term pullbacks or volatility for those jumping in late
On the flip side, there’s a massive Jan 2028
$30 call position with 25,777 contracts and
$11.6M premium
That shows some serious long-term bullish sentiment but doesn’t cancel out the short-term downside pressure
Also, Director Eric Stanton Weiss bought 7,000 shares on March 9
Adds a bit of insider confidence to the mix
But with all the put activity today, it’s worth keeping an eye on
