Mar. 24 at 7:23 PM
$RGLD options action caught my eye with a big buy of 1,500 April 17
$300 calls
Looks like a speculative play since it’s 36% OTM and the premium is hefty at
$67.5K
This move is more than 4x the current open interest so it's definitely standing out
But with the stock price flat over the last 5 days and no fresh news, it feels like a lotto ticket
No puts, no sweeps, just this one trade
Without more bullish flow or a new catalyst, I'd be cautious before going big on this