Dec. 17 at 9:49 PM
$HNRG is in a rough spot
Down 15% today and 25% over 5 days after that power expansion and
$50M ATM news
Seeing a big shift in sentiment here
Options action is telling too
Only notable move is an 838-contract put sweep at
$19 expiring Friday
Lifted at the ask with 76% IV
Feels like folks are hedging hard or betting on more downside
With this setup, respecting the bearish momentum seems smart
Watch out if you're thinking of jumping in unhedged