May. 17 at 11:09 AM
$EYE took a 24% hit this week
But a big player is stepping in with June calls
Around 16,000 contracts traded at the
$20 and
$22.5 strikes
All ask-side blocks with over
$1.68M in premium on InsiderFinance
This is a huge 2,400x spike in option volume
National Vision beat on earnings
But First Eagle selling adds tension
With shares still down, it's all about being cautious
Look for stability before diving in
Maybe stick to smaller, defined-risk plays until we see some solid base-building