Jul. 30 at 4:53 PM
$EYE seeing some serious bearish action
A big sweep of 647 contracts for the August 15
$22.50 puts went through, totaling a
$54,956 premium
This suggests institutions are betting on a drop of over 9% in just under 16 days
Looks like traders are locking in their downside plays or maybe setting up some protective hedges
Watch out for more volatility ahead