Election results proved to be surprising...
OK, the SMCI option action appeared
to move to heavy buying on calls
on Wednesday with price drop...
30, 35, and 40 call volume for this
Friday saw extra heavy volume...
It shouldn't have been sold action
because the option prices plummeted
at open with the lower share price...
The action was on buying that would
need a price near those price marks
to get ITM by Friday...
Also had some similar activity at same
prices for the next week ahead...
Implies same possible expectation of a
price move by this Friday...
Could be nothing to it, but wanted to
mention it just in case...
In reverse, they drove option prices sky
high into Tuesday close, before the price
drop on Wednesday...
Will they be consistent?...
NVDA moves to DOW on Friday as some
back lighting on this activity...
so we watch...LJ