Aug. 27 at 8:28 PM
$DOW just took a 7.5% hit over the last five days and there's no big news driving it
Seeing some action with about 5,900 Sep 4
$31.5 to
$32 call sweeps hitting the ask at
$0.15 to
$0.22 on InsiderFinance
Looks like one trader is making a modest bet
With only
$100K in premium and no unusual flags, it's not showing strong conviction
Might be worth watching for more call volume or a move back to the
$31.5 to
$32 range before jumping in
Stay cautious