Jun. 9 at 7:17 PM
$SA seeing aggressive Aug
$30 call buying right after that 19% drop over the last five days
Looks like some speculative dip-buying interest
No news or price reversal yet so maybe just a watchlist signal for now, not a high-conviction long entry
Today, 2,501 Aug 21
$30 calls swept up at the ask
That's a
$1.14M premium with zero prior open interest
Mid-80s IV while the stock is flat
Big upside positioning but those premiums are rich
No price turn yet so waiting for sustained strength above
$30 could be wise before considering similar exposure
Last five sessions,
$SA down about 19% but all notable option trades have been