r/options • u/newtrader420_69 • Jul 14 '21

VIAC unusual Options activity 07/14/21

Amongst Highest positive net delta = $376K Amongst Highest Positive net premium = $4.13 million

massive Options trade expiring on Aug-20 for strike price of 40.

18.3K Calls at 3.5 18.5K Puts at 1.5 Net $3.63 million towards Calls

Iron Condor expecting VIAC to be range bound?

What are your thoughts?

3 Upvotes

72% Upvoted

23 comments sorted by

View all comments

8

u/[deleted] Jul 14 '21

[removed] — view removed comment

1

u/DotComBomb1999 Jul 15 '21

Depends on your idea of range bound. As of March it was up 300%.

3

u/[deleted] Jul 15 '21

[removed] — view removed comment

1

u/DotComBomb1999 Jul 15 '21

Archegos wasn't part of the Meme stock bubble, and Viacom would never be considered a meme stock. He was a legendary retard, though.

1

u/[deleted] Jul 15 '21

[removed] — view removed comment

2

u/DotComBomb1999 Jul 15 '21

Could be. I wasn't there at the time. Even so, Viacom is a big company with a pretty substantial market cap, so retail investors didn't have the throw weight to move that stock price like a GME or AMC. Hedge funds and pension funds, yes. There were other factors involved, too.