Feb. 20 at 8:48 PM
$FLNC seeing some wild action today
Big OTM call buying after a 3% pullback
We’re talking a 1,500-contract sweep in those 3/20
$23 calls, massive bet with IV over 110%
All 4,500 contracts in the last 5 days are calls, no puts, with a hefty
$950K premium
Feels like a couple of big players making moves, not a broad trend shift
FLNC still down about 3% over the past week, even with today’s small bounce
No new headlines driving this, so it’s looking like tactical positioning
If you’re in, keep that risk tight