Sep. 2 at 10:58 PM
$371K just hit
$NVTS $10 calls 🐋🚨
This is what I read though:
1,400 contracts,
$10 strike, Dec 18 expiry. Volume is 1.4K vs. just 285 open interest.
That strongly suggests fresh positioning, although tomorrow’s OI will tell us more.
Here’s why I like it:
→
$10 calls give serious upside exposure without buying the stock outright.
→ If these were bought-to-open, that’s a whale making a meaningful bullish bet.
→
$371K is real money. Someone is willing to put significant capital behind this setup.
→ The contracts closed down 3.7% today. Buying while calls are getting cheaper? 👀
One print doesn’t prove anything, but it does get my attention.
What I’m watching for now:
→ OI to increase tomorrow
→ More ask-side sweeps
→ Repeated activity across strikes/expiries
If that starts happening, the signal gets MUCH more interesting.
I’m already bullish on
$NVTS. Seeing serious money take upside exposure only adds to my interest.
NFA. Don’t chase 🐳s, let them chase us!
$NVTS Strong 💪
