CDNS: $38.2M Bull Put Spread Detected (2026-03-24)

$38.2M institutional bet detected on CDNS. Someone just structured a $38M put spread in Cadence Design Systems this morning at 10:01:15, sweeping across $265 and $290 strikes in a single coordinated move. With CDNS down -7. Full analysis with entry points, gamma levels, and trading strategies inside