🐻 IWM $36M Synthetic Short — Whale Sells $25M Call & Buys $9.3M Put at the $260 Strike

A $36.3M IWM options block hit the tape on April 16, 2026. At 12:08 ET today, an institutional trader executed a $36.3M bearish multi-leg position on IWM — selling 15,000 contracts of the $260 call for $25M and simultaneously buying 15,000 contracts of the $260 put for $9.3M, both… See