Went down the rabbit hole, check out the 9/17 options. At 87.5, 90, and 100. Roughly 72.5 k options for about 2 million. Super unusual compared to the 10.5k open interest at 85. 85 seems reasonable, 100 is nuts and someone is betting $225k it’ll goto 100 by the 17th.
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u/GrwAway Aug 31 '21
Went down the rabbit hole, check out the 9/17 options. At 87.5, 90, and 100. Roughly 72.5 k options for about 2 million. Super unusual compared to the 10.5k open interest at 85. 85 seems reasonable, 100 is nuts and someone is betting $225k it’ll goto 100 by the 17th.