SPOT: $12.9M Diagonal Put Spread Smart Money Hedging Into Earnings! (Feb 6, 2026)

Whale drops $12.9M on SPOT options in a diagonal put spread play. Someone just built a $12.9M diagonal put spread on Spotify with Q4 earnings dropping in 4 days ()! They sold near-dated $410 puts for $7.9M and bought longer-dated $350 puts for $5 Full breakdown includes gamma levels, price targets,