Sep. 20 at 6:34 PM
$DIS options flow lesson: one options print is evidence, not a complete thesis. A large print can be directional, hedged, or one leg of a spread. Price structure and the next open interest settle help grade it. The alert snapshot shows
$2M in the Jan 19
$105 calls. Volume was 72.2x standing open interest at capture. Intraday volume does not establish whether a position was opened or held; the next settled open interest is the check.
