Sep. 17 at 2:15 AM
What's up with
$CRBG
Big moves today
Four ask-side sweeps on Oct 17
$30 puts, totaling 850 contracts, caught my eye
Volume beat OI, showing some serious bearish action
Price is down 3.5% today and 5.8% over five days
This aligns with the put flow, suggesting more downside pressure
But here's the thing, this is a tactical play
The notional is small and came in one burst
Watch that
$30 level
Wait for a break below before getting heavy on the bearish side
Keep it tight and stay sharp