Aug. 24 at 10:17 PM
$LQDA seeing some action today
Noticed those 3,500 Sept 4
$95 call sweeps hitting the ask on InsiderFinance
They’re way out there, 35-36% OTM and it feels like a lotto play with just
$186K premium
Not exactly screaming big money confidence
LQDA's down about 6% over the last five days even with today’s +2.4% bounce
Those 8/28
$60 put sweeps from 8/21 with
$135K premium show some downside caution is still hanging around
Earnings were solid on Aug 12 but that insider selling around Aug 19 isn't helping the bullish case
Feels more like a wait and see situation