Jul. 26 at 1:17 AM
$YETI looking strong with some serious bullish vibes
We saw a 472-contract sweep of Aug 15
$40 calls for about
$128K at the ask
That's a big move showing aggressive bulls are eyeing a push above
$40 by expiration
Takeover chatter sent shares up 5 to 7 percent and that spike in implied volatility sets the stage for momentum-driven breakouts
Elevated IV could fuel more upside or open up premium-selling strategies as we head toward August expiry
Keep an eye on this one, feels like there's more action ahead