Oct. 6 at 7:20 PM
What's up with
$EHTH today?
Up about 15% with no fresh news but the flow looks interesting
Saw three ask-side sweeps totaling 602 contracts in the May 26
$7.5 calls on InsiderFinance
These hit into the breakout and align nicely with the move
The premium is around
$43K so it's more of a confirmation than a big signal
Contracts are about 50% OTM with IV around 85 to 93% and 222 DTE
Straight calls are pricey and heavy on vega and theta
Maybe look at vertical call spreads to manage risk if momentum cools
Keep any long positions tactical and watch for a possible reversal into the close