$SPX $40+ Million Put Sellers (Unusual) These prints have very near-term expirations and are OTM By: Cheddar Flow | April 16, 2024
• $SPX $40M+ Put Sellers (Unusual)
These prints have very near-term expirations and are OTM, which means the whales are capitalizing on heightened IV and believe downside will remain muted for the next 2 days
These traders will get paid if SPX remains above the strikes
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor! • DiscoverGold
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