XLC $4.2M Defensive Put — Whale Hedges Communication Services Ahead of Earnings Gauntlet

Institutional whale drops $4.2M on XLC options. Someone just dropped $4.2 MILLION on XLC September 2026 $95 puts — a 170-day bet that the Communication Services SPDR ETF falls 14.6% from current levels. With 20,000 contracts pri Full analysis inside.