$22Million SPY Put Order Today!
On June 28, 2022, SPY had a small gap up and then $22Million worth of SPY put options were bought and then the market tanked. Talking through this trade and why it would've put some pressure on the market.
Here's a quick video showing the trades and charts:
Be sure to check Episode 42 with Brent Kachuba from SpotGamma.com to learn more about the hedging impact of options flow.
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