
Çharlesg3briel
@g3bby
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Alright, I am pretty convinced that someone traded the Dick's $DKS Foot Locker $FL acquisition beforehand.
Check this.
$FL options are very thinly traded, zero volume.
Today, coincidentally, $FL had its MOST options volume over last 60 days, as well as highest net premium this year. Today was 20 TIMES the volume as yesterday!!!
Weird?
What's worse, is that the two most active option were traders buying the $15 calls expiring June 20th, and SELLING the $10 puts.
You can see over the last 60 days people were buying the Foot Locker $FL $15 calls, and never exited their position. They will be up likely $10 million tomorrow.
The $10 puts they sold will expire worthless. The worst thing about this is they sold the $FL $10 puts, expiring in 247 days, so collected $1.7M in premium (that will be free money for them).
Our flow alerts signaled all bullish moves on $FL over the last seven days.
So clearly someone knew, and clearly someone traded it.
Insane. 3 replies
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