Aug. 13 at 3:25 PM
Big money move in
$REZI today
Saw a huge at the ask sweep of Nov 21
$30 calls, totaling
$626K
This kind of action shows institutional confidence in upside potential
1,170 lot sweep at
$4.16 is no joke
That’s nearly half a mil in premiums and it's all on the ask side
No puts to be seen
1,517 call sweeps dominating the scene
Expect implied volatility to rise with this one-sided push
All signs point to sustained momentum and possible vol skew compression ahead
Keep an eye on this one