$3M+ Worth of $SPY & $NVDA Puts Detected x.com/CheddarFlow/status/20926…
· 101K Views
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$3M+ Worth of $SPY & $NVDA Puts Detected x.com/CheddarFlow/status/20926…
· 101K Views
@CheddarFlow Put flow that size on $SPY and $NVDA means dealers just absorbed a pile of downside supply. If spot holds those strikes, premium bleeds out. A break below and dealer bids vanish fast.
@CheddarFlow man, idk what you see. but we will find out!!! x.com/janmsalayo6686/status/20…
@CheddarFlow I be confuse by your post as a member . x.com/itradespycalls/status/20…
@CheddarFlow Classic hedging playbook. Big money just buying insurance.
@CheddarFlow that is pretty normal into a massive ER. nothing out of the ordinary to report.
@CheddarFlow I fade whatever you say and add into that position
@CheddarFlow It’s a coin flip - better be prepared how to play it after x.com/gammagirllab/status/2092…
@CheddarFlow Big put buying into earnings is usually insurance, not a prediction. It tells you what $NVDA holders are scared of, not what they think will happen.
@CheddarFlow Yeah, so millions of put orders showed in the past few days and FOMO'd buying some.. those orders doesn't even put a dent in the market. Instead, it chopped and even inversed. Expensive lesson, but unsubbing you and any noise here on X. Only focussing on price action from now on.
@CheddarFlow $SPY puts sweeps into an nvda print is usually just desks buying insurance, not a directional call. context > headline size