Mar. 10 at 1:40 PM
$USO mixed signals —
$2.25M in puts vs
$1.43M in calls. Net slightly bullish (+
$540K) because put selling dominates.
$XOP 130C & 145C Jun'26 sold at bid for
$2.37M — that's premium harvesting, not bullish.
$XLE 56P 4/17 —
$144K, 100% ask-side, score 0.575. Energy bears picking up steam. Oil hedging activity increasing.
$CVX 165C Jun'26 —
$654K at bid = call selling. Net directional -
$630K. Energy sector flow leans cautious to bearish.