May. 7 at 9:02 PM
$VYX ripping today, up about 15%
Seeing a big push with Dec 2026
$10 calls in play
But here's the thing, only two big sweeps and no news
Looks more like a speculative bet than real institutional interest
Options action shows 2,381 contracts, zero puts
All about that upside, but narrow focus
67% implied volatility on those calls
Feels like a technical move needing sustained volatility to pay off
Watch for mean-reversion risk once the hype cools
Interesting setup, but tread carefully