Oct. 23 at 8:59 PM
$FLEX popping with a +4.17% rally today
Seeing concentrated ask-side sweeps in those Nov 21
$70 calls
Size is bigger than OI, looks like opening positions, not just hedging
1,501 calls traded, about
$146.8k, and 11% OTM
This isn't random flow
It's solid upside exposure
Feels like momentum confirmation here
Watching for follow-through on volume and IV
Could be setting up for more