Mar. 7 at 2:01 AM
$KEP got hammered about 21% this week, heading into next week's earnings
That's some serious selling pressure
Today, it dropped another 1.51% and shows elevated volatility and gap risk for anyone playing short-dated options
Saw a single 1,450-contract Mar 20
$20 call block bought at the ask
It’s speculative but with only ~
$22K in premium, it feels more like low-conviction positioning
Looks like pure event-driven volatility here, no clear directional edge
Be cautious if you're diving in
