charlietodd
Oct 15, 9:54 PM
$KEEL $DRAM
Find me on X: ThetaTradesHQ
LEAN BEARISH — calls two-sided + put buying
KEEL — biggest OI moves (confirmed):
Nov. 20, 2026
$3 calls +1.1k — bought at ask, buyers · ~85% tied to spreads
Jan. 15, 2027
$2.50 calls +1.0k — bought at ask, buyers · ~94% tied to spreads
Jan. 15, 2027
$2.50 puts +1.0k — bought at ask, buyers · ~98% tied to spreads
Pin: Oct. 16, 2026 max pain moved
$3.50 ->
$3 (vs ~last week).
Spot was near
$2.59 (+1.57% on the day). Net GEX printed +9.83M, flip: suspect — omitted, heaviest strikes clustered
$2–
$4.
On the options side, bearish premium led
$702K to
$461K (2 sweeps).
Premium traded:
$835K on calls vs
$420K on puts — calls took ~67% of the premium traded.
Side of tape:
$645K bought at the ask vs
$517K sold at the bid — buyers were the aggressors.
Unclassified
$93K (7%).
Largest call:
$32K, mixed bid/ask fills, in the Jan. 21, 2028
$3 calls while KEEL was near
$2.39.
Volume 431 vs OI 15,862, looks like existing bets getting worked.
0 replies