Jun. 27 at 1:28 AM
$PATH This was another interesting put trade of the day. In the money
$13 put option for September 18, 2026 traded in several batches of a few hundred each batch. ITM options are unusual cause most individuals don’t purchase them only institutions do especially over 4000 in one day. Premium was over
$1.3 Million. This also expires right after earnings. Institutions use options for hedging their long/short positions.