1. $NVDA is sitting right at $210 into expiry today. 784k contracts on the ATM calls, 11x over existing OI, and the crowd is running 3-to-1 calls over puts overall. If we sold $210 covered calls into last week's run, we're getting called away right here. The $207.5 strike is pricing 31% IV, worth a look as a re-entry sell if the name resets into next week.
2. Someone just opened a $META $660 put position from practically nothing: 37,747 contracts printed against OI of 2, a fresh bet, not a roll. Spot is $668.74, so these are about 1.3% OTM at 43% IV. Worth watching if $META starts to fade. Could be a well-timed hedge, could be someone who knows something.
3. $MU's $950 puts expiring today are pricing 82% IV while the nearby calls are running 53-55%. Spot's at $986.72, so those puts are about 3.7% out of the money and someone's paying a real premium for that protection. Calls still outnumber puts (P/C 0.62), but that IV skew says the downside tail is priced. For premium sellers, both sides of this name are paying real juice today.
Aggregated and distilled by Two Sentence Traders. Not financial advice.