🔄 CDNS $56.5M Position RESET One Day After Q1 Beat — Closing Sep Shorts, Opening Jun Bull Spread + Protective Put

Whale trade detected: $56.5M institutional position on CDNS. The morning after Cadence Design Systems crushed Q1 FY2026 estimates — $1.474B revenue (+18.7% YoY), a record $8B backlog, and a raised full-year reve Detailed breakdown with technical levels and trading strategies for different risk profi