Apr. 14 at 3:28 PM
$PARR catching my eye with that consolidation after a solid ~6% run last week
Seeing a heavy wave of May 15th call sweeps, no puts in sight, says traders are eyeing more upside in the next month
All 862 contracts focused on that single window, no hedging here
Biggest move? A
$108K sweep for 324 of the
$70 calls
Plus, 538 contracts at
$80
Buyers going big, making
$70 to
$80 the key zone for now
These May calls are 7 to 22% OTM with implied vol around 65%
High volatility plays mean shorts could feel the heat if this momentum keeps up
Keep an eye on volume and new highs for confirmation
