someone just bought 100K Luly Puts very far OTM
Could be a hedge but also can be a very crazy short bet.
>> 105451 XLF Jul20 18.0 Puts $0.13 (FT Theo=0.11) Above Ask! AMEX 13:14:34.528 IV=53.3% +0.2 C2 148 x $0.11 - $0.12 x 50 BZX FLOOR Vol=108k, OI=140k, Delta=-6.0%, Impact=636k/$15.2m XLF=23.95 Ref
Could be a hedge but also can be a very crazy short bet.
>> 105451 XLF Jul20 18.0 Puts $0.13 (FT Theo=0.11) Above Ask! AMEX 13:14:34.528 IV=53.3% +0.2 C2 148 x $0.11 - $0.12 x 50 BZX FLOOR Vol=108k, OI=140k, Delta=-6.0%, Impact=636k/$15.2m XLF=23.95 Ref