Oct. 3 at 3:52 PM
What's up with
$WMS?
Seeing some bullish action here
Two big ask-side call sweeps on 10/17
$145 calls, 557 contracts, that's a chunky
$165K bet
Open interest was only 65 before this, so it's a serious play
Looks like they're banking on a push toward
$145
Last week we saw a +3.94% move
Today’s tiny dip of -0.46% might be a buying opportunity, not a hedge
If we get some stability, we could see a continuation
IV popped from 32.7% to 34.6% on these calls
No catalyst in sight, so maybe consider call debit spreads to handle that IV risk if things change
