1. Third day running $MU is call heavy, P/C at 0.51, and the strike the crowd's chasing keeps moving up. Tuesday it was $900, yesterday $950, today it's the $1000 call pulling 65k contracts against just 10.6k open interest. Spot's at $964.64 so that's still a reach, but the IV sitting at 66% on the front week is rich, juicy premium if you're renting out the house up there instead of chasing the calls yourself.
2. $GOOGL has the lowest P/C on the whole board today at 0.31, nothing else close. The $350 call expiring tomorrow is doing 30k contracts against only 5,610 open interest, that's fresh money piling in, not existing positions rolling. No catalyst named here, just a crowd leaning hard into $350 by tomorrow's close. Could be nothing, could be someone knows something, we just watch.
3. IV on $AMD's front week is sitting 52-56%, rich compared to the mega-caps around it. Calls still lead, P/C 0.67, with the $500 and $495 strikes drawing the volume against spot at $490.54. Not the screaming skew we've seen elsewhere this week, but if you're farming volatility this is one of the fatter premiums on the board right now.
Aggregated and distilled by Two Sentence Traders. Not financial advice.