Jun. 22 at 8:46 PM
$PATH Analyzing the microstructure of UiPath (PATH) right now—specifically balancing the heavy tape volume against the underlying derivatives layer—reveals that the data actually points away from an aggressive, immediate flush to a new All-Time Low (ATL). Instead, it points to a massive institutional battleground and structural floor. The breakdown of the dark pool and options dynamics around the current
$10.16 zone indicates several key trends: 1. Options Flow: The Call Skew Defies the DowntrendTypically, when a stock is on the precipice of a violent leg down to new lows, options flows see aggressive, protective, or speculative Out-of-the-Money (OTM) put sweeps. For PATH, the exact opposite is happening: The Put-Call Ratio: The daily volume Put-Call ratio has hovered around a remarkably low 0.26, with a total open interest ratio of 0.48. Open Interest Distribution: Call Open Interest sits at roughly 584,000 contracts compared to just 288,000 Put contracts. Max Pain Target:
