Massive Long-Dated IONQ Call Sweep Targets the 80 Strike Level
Today’s option tape showed a massive long-dated options sweep targeting IONQ’s $80 call expiring September 18, 2026. The trade involved 1,931 contracts, far exceeding the existing open interest of just 234, giving a V/OI ratio of ~8.2x. This is a strong indication that this flow represents fresh positioning rather than closing activity. The trader paid $7.50 per contract, resulting in a […]
What Is Gamma Exposure? An In-Depth Analysis for Traders
Modern financial markets are driven by a complex interplay of traders, market makers, and institutional investors. One of the most critical yet sometimes misunderstood forces in options trading is gamma and by extension, gamma exposure. In simple terms, gamma affects how the option’s sensitivity (delta) changes as the underlying asset’s price moves. It plays a […]
AAPL Puts See Massive $14.7M Block Trade Targeting 2026
Today’s option tape revealed a notable block trade in AAPL options: a May 15, 2026 $280 Put bought at the ask for $20.00. This position is striking for several reasons. First, the daily volume is 10,116 contracts, while the open interest is only 398, giving a V/OI ratio of ~25x. Such an extreme imbalance strongly suggests new positioning rather than closing or rolling existing exposure. The trade size […]
INTC Sees 10K Contract Options Sweep Targeting February 2026
Today’s option tape showed a large sweep on Intel (INTC) – totaling 10,000 contracts – targeting the February 20, 2026 $40 call. The contract tallied a daily volume of 10,493 at the time of the trade. Against open interest of 6,129, this produces a strong V/OI ratio of ~1.71, which indicates fresh positioning rather than simple closing activity. The contract […]
Large Wave of Puts Totaling $8.4M Hit COST Targeting the 950 Strike
A large wave of identical sweeps hit the tape today for Costco (COST), all centered on the March 20, 2026 $950 put contracts. All trades are buys hitting the ask, with each order sized at 200 contracts. The total daily volume registered at 1,515 contracts at the time of the last trade. Compared to open interest of […]
Massive APLD Options Sweep Suggests Fresh Institutional Positioning
Today’s option tape revealed a large call sweep on APLD for the $25 strike, expiring November 28, 2025 — giving the trade under a month until expiration. The trade size is 10,012 contracts, and total daily volume for the contract is 10,054 (at the time of the trade). Compared to an open interest of just 176 contracts, this creates an extremely elevated V/OI ratio of […]
Bloom Energy Sees $2.1M Call Sweep Targeting $120 Strike
Bloom Energy (BE) saw a notable options sweep with a December 19, 2025 expiration, signaling conviction from traders. The trade targeted the $120 strike call option while BE traded near $121.45 per share. This classifies the trade as marginally in the money at the time of execution. A total of 2,061 contracts traded for the day versus 872 open interest, resulting in a V/OI […]
Massive $1.9M CSCO Call Sweep Detected Ahead of Earnings
Today we detected a massive options trade on CSCO signaling a high conviction bet on the stock’s short term performance. The trade involves the $74 strike and November 14, 2025 expiration. This probably indicates that the trader behind this order is expecting CSCO’s stock to move significantly before the weekend. The total daily volume (VOL) of 17,181 contracts (at the time […]
Notable $2.6M AMD Call Sweep Targets $250 Strike Ahead of November Expiration
A notably large $2.6M call sweep on AMD showed up today, targeting the $250 strike expiring November 14, 2025. The contract was bought at the ask for $4.99 while AMD’s stock traded near $243.59, indicating strong conviction. At the time of the execution, the trade was marked as out of the money. A total of 5,131 contracts were purchased, representing a premium outlay of approximately […]
Massive $5.6M Long-Dated Call Sweep Targets Citigroup 2027 Expiration
A massive $5.6M long-dated options sweep hit Citigroup (C) today, targeting the $90 call expiring January 15, 2027. The trade involved a buy at the ask, indicating aggressive sentiment and conviction. 2,999 contracts were purchased at $18.80 per contract while the underlying stock traded at $98.39. This deems the position in the money at the time of execution. The total premium paid was […]
Massive PLTR 2027 $200 Call LEAPS Detected Post Q3 Earnings
A slew of large option sweeps for PLTR — all targeting the June 17, 2027 expiration with a $200 strike price on calls — showed up today. Each trade was executed at $55.50 per contract, while the underlying stock’s spot price hovered near $185.6. These deems the trades out of the money at the time of execution. All trades are marked as “BUY” sweeps, meaning […]
Highly Unusual Option Sweeps on ANET Signal Aggressive Positioning
Today’s option tape revealed three identical option sweeps for ANET, all $162.50 call options expiring on November 21, 2025. These are buy-side sweeps executed at the ask price, signaling strong sentiment. The spot price at the time of trade ranged from $156.27 to $156.46, placing these calls slightly out of the money. The largest single order shows a premium of $1.2M for a size of 1,556 contracts, priced at $8.00 each. […]
META Calls See $6.3M of Premium Inflows Post Earnings
Two notably large call sweeps hit META on the January 16, 2026 expiration at the $720 strike, signaling strong long-term bets from traders. At the time of the trade, this contract recorded a volume of 5,408 contracts. Versus an open interest of 2,466, this gives a V/OI ratio above 2.1. This suggests mostly new positioning rather than existing rollovers. […]
Massive $4.1M MU Call Sweep Targets January 2028 $230 Strike
A large options sweep trade on MU showed up on today’s option order flow. The trader bought 493 contracts of the $230 call expiring on January 21, 2028. With the stock trading near $231.23 at the time, this classifies the trade as slightly in the money. Each contract was priced at $84.00, representing a total premium outlay of roughly $4.1 million. The volume-to-open-interest (V/OI) ratio is 515/546 […]
NVDA $185 Call Sweep Sees Massive $6.3M Premium with Strong Volume Surge
This NVDA option tape revealed a call sweep targeting the $185 strike, set to expire on November 14, 2025. The trade order filled 4,984 contracts at a premium of $12.59 per contract, totaling a hefty $6.3 million in premium. The underlying NVDA spot price at the time was $193.33, meaning the call was in-the-money. What stands out most is the volume-to-open-interest (V/OI) ratio. At the time of […]
