May. 15 at 9:46 PM
$ENPH is on a wild ride with a 47% rally over five days
Traders are piling into upside calls, especially for June and September
About
$6.1M in sweep premium shows aggressive positioning
On InsiderFinance, we’re seeing 7.7x flow momentum which suggests continuation is in play
This setup screams high volatility
With the stock's recent surge and new product buzz, implied vols are through the roof
Traders might want to focus on defined-risk plays like call spreads instead of going all in on outright calls
Keep an eye on those swings and manage entries carefully