Late Day Massive Call Buying on PTON
February 8, 2022
On Friday 4th Feb-2022, late in the day after 3:50 PM EST we saw massive size of calls come piling into PTON ..
What’s unusual about them you ask ?
They were for the expiration of next week 11-Feb-2022
Almost 10 times more Calls as Puts
375K Calls vs 38.9K Puts
As soon as market closed, rumor breakout about $AMZN potentially bidding for $PTON
Someone always knows in the market before retails knows.
Jarvis’s algo tracked this trade and reported.
Please keep your eyes our for such late day big trades for unusually close expirations dates.
What happened Monday ?
$PTON went up as high as 34 pre market, as another rumor just hit the market that $NKE might also bid for $PTON
The Closed up 20% on Monday
April 15, 2021