Jun. 29 at 11:05 PM
$OBDC popped 3% today
All the action was in a single cluster of July 17
$10 ITM calls
That’s 3,120 contracts over five days, all at the ask
Feels like tactical moves around the
$10 line rather than a big conviction play
Analysts just trimmed the target to
$13.31 so there's a headwind on the macro side
Momentum looks near-term bullish
Without follow-through tomorrow, we could see a quick pullback
Keep an eye on volume and if it holds above
$11 with solid flow
