Oct. 14 at 9:14 PM
$TME taking a hit, down 3.1% today and 3.6% over the last five days with no new news driving it
Downside momentum still there
Interesting split in the flow though
Big Jan 26
$25 call sweep but also new Apr 26
$22 puts
Those puts are huge, 615 swept at the ask for about
$156.8k, way bigger than current open interest
Looks like some fresh downside hedging
Support zone around 22.20 to 22.40 is key
Gonna wait for a clean move through there before picking a direction
Stay cautious, folks