Jul. 11 at 12:12 AM
$TRIP had a wild day with call buyers going hard
All six trades were ask-side call buys
There was a big 1,042-contract Sep
$14 sweep and some stacked Aug
$15 action spotted on InsiderFinance
Not a single put in sight as the stock popped almost 5%
Call flow has been all one-sided for the past five sessions
It's running about 3x the usual volume, focused on those
$14-
$15 strikes out 1-2 months
This isn't a random spike, it's building on existing momentum
No company news driving this, so it's all about the flow
Implied vols are already high
Watch for price and volume to confirm follow-through next week if you're thinking about jumping in