Jul. 24 at 2:39 AM
What's going on with
$HOOD today?
I saw aggressive short-dated call buying on a 3% pullback
Someone dropped
$800K on 4,000 Jul 31
$115 calls
That's a bold move with about 12% OTM and 8 days to expiration
But here's the catch
This goes against a backdrop of heavier put hedging over the last 5 days
No fresh catalyst in sight so signals are mixed
If you're trading
$HOOD options, keep it short-term and defined-risk
$115 is the level to watch for any bullish or contrarian plays
No clear edge here so play it careful
