QuantInsider
Oct 23, 6:42 PM
$SNXX is down 14.5% over the past five sessions
Today’s flat move isn’t helping
Momentum is broken so any bounce is still a question mark
This morning I saw some aggressive ask-side sweeps on 2,854 October 23 and 30 calls
Included 1,858 contracts of those 39% OTM
$12 weeklies on InsiderFinance
Feels like traders are paying up for short-term upside
Without a catalyst this might be more speculative than a real reversal
Also noticed a big 1,000x January 2028
$30 call block
That’s a long-term play more about hedging than any immediate move
Keep trades tight and risk defined here
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