Aug. 26 at 12:00 AM
$USGG saw a 300-contract Sep 18
$12 call block lifted at the ask on InsiderFinance
It's around 54% OTM with almost no open interest and 24 DTE
Feels like a lone upside lottery ticket, not enough to push a strong long bias
The U.S. Treasury doubling long-dated debt buybacks has everyone watching bond-yield volatility
This could mean big swings for
$USGG soon, making short-dated options more sensitive
But with just this one unusual trade in five days and no other flow backing it up, there's no clear directional edge right now
Might be best to keep
$USGG on the watchlist until more substantial flow shows up