SPY Bear Put Spread - $8.2M Institutional Hedge Before FOMC & Mega-Cap Earnings Week!
Institutional whale drops $8.2M on SPY Bear Put Spread. An institutional player just dropped $8.2 MILLION on a Bear Put Spread in SPY this morning, buying 20,000 contracts of the $659 strike puts while selling the $655 puts - both expir Z-score: high. Full analysis includes gamma levels, implied mov