#$CRCL bulls on crack again. 200% OTM 385C for 11/21. This was a buy. Everything else also bullish. 128P sell -> 130C buy. I don't know man. This type of short term flow should have made it pop 10%+ if it was real.
No way to confirm what is happening from our position. We only have the correlation with bearish price action when it happens on a constant basis, and the knowledge that it makes no sense to roll tens to hundreds of millions every day on those contracts.
#$TSLA general call accumulation, though most of these are very likely combo strats. The first bearish bet also shows up in 430-360-350P spread structure. 🍿for tomorrow.
#$SOFI 32-42C spread for Feb. 42C for June 2028. Lots of activity in 30C for Nov as well, but not above OI. Earnings next Tuesday. 👀for breakout today.