Oct. 7 at 2:22 AM
What's going on with
$KDP?
Saw a massive 125,700-contract Nov 21
$25 put block lifted the ask on InsiderFinance, around
$11.3M in play
This is serious institutional action for downside protection as
$KDP hits a 52-week low
Price dropped 2.09% today
If it breaks below
$25, we might see more volatility and dealer hedging
5-day trend is only -1.13% so maybe some tactical plays here
Watch if it holds above or slips under
$25