DRAM

Smart money buys the dip: options whale and dark pool activity

Despite index declines, options whales made huge purchases of call options and significant dark pool activity, just before inflation data.

By the SpyStocks desk · 1mo ago · 1 min read

Did yesterday feel red to you?

Apparently, the indices bled

The Nasdaq fell 2% and closed at a daily low, and CNN's Fear & Greed Index returned to 'Fear'

But behind the scenes?

Smart money was working very hard accumulating

In the options market, whales loaded up on call options worth tens of millions of dollars

A premium of $4.2 million was paid for the $DRAM ETF

A premium of $26 million was paid for Micron company $MU!

A rare premium of $17 million was paid for $WULF company!

A premium of over $18 million was paid for $META company!

A premium of approximately $10 million was paid for the $QQQ ETF!

Additionally, we identified a huge dark pool trade on Micron stock worth over $233 million!

All of this occurred while indices were bleeding and ahead of today's critical inflation data!

Do they know something we don't?

Related Stories

IREN: options whales predicted the decline

Option WhalesIREN10h ago1 min read

Unusual options activity alert

PremiumOption WhalesBTDR1w ago1 min read

Unusual options activity in Coinbase

PremiumOption WhalesCOUN1w ago1 min read