Dec. 4 at 2:47 AM
$INBX had a lone ask side Dec 19
$50 put block today
500 contracts at
$0.90, which is 40% OTM
Looks more like hedge demand than a big short bet since it's smaller than open interest
No sweeps and no new catalysts in the last 48 hours
Price is up 0.86% today but down 1.95% over 5 days
Flow and price aren't aligning yet
I'd wait for more ask side put sweeps or an IV lift before considering a short play
For now it’s just protection or positioning
Keep an eye out for more signals or a 5-day breakdown before making a move