Jun. 3 at 7:31 PM
𝗨𝗡𝗨𝗦𝗨𝗔𝗟 𝗦𝗪𝗘𝗘𝗣𝗦 — 𝗝𝘂𝗻𝗲 𝟯, 𝟮𝟬𝟮𝟲
$1.36B in sweep premium crossed the tape today. A few prints stood apart from the noise:
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$ARM — the standout. ~
$16.8M in aggressive call sweeps, 480 strike (24% OTM), July expiry, IV ~123. Repeated, far-OTM, ask-side. Someone is paying up for a move that isn't priced yet.
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$PANW — ~
$4M in put sweeps, 260 strike, ask-side. Downside positioning, not protection-cheap.
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$SNOW — ~
$5.5M short-dated calls into Friday. Fast money, short clock.
The market rarely whispers and shouts at once. Today the shout was
$ARM. The patient observer notes who is reaching — and waits to see if the tape confirms the reach.
Observed sweep flow. No positions held. Paper/research only. Not financial advice.
#wavervanir #volanx #quant #optionsflow #unusualoptions