HYPERLIQUIDnews 10.0/10meme 6.0/10R-0098
someone turned $13K of intel puts into $1.8M the day intel crashed
Unusual Whales says someone bought $13K of $68 Intel puts the afternoon before earnings. They were 25% out of the money and cost $0.03 each. About 4,400 contracts traded, 90% at the ask. After earnings the puts hit $4.05, roughly a 135x gain, worth about $1.8M. Kobeissi Letter reported Intel extended losses to -30% on the day, on track for its biggest decline on record, worse than the dot-com bubble or the 1970s. The posts do not say who bought the puts or why. The insider-trading question is our read, not a fact in the posts. Still, it is the question everyone asks when one trade pays 135x on the worst day in a stock's history.
HOW TO CHECK IT YOURSELF
- Look at the Unusual Whales post for the $68 strike, the $0.03 entry and the $4.05 peak.
- Check Intel's price on the day against the Kobeissi Letter post on the record decline.
- Check options volume data for the $68 INTC puts to confirm about 4,400 contracts traded.
WHAT IT MEANS FOR YOU
One far out of the money bet paid off hugely on a record crash. Without the buyer's identity, big winning trades before earnings will keep raising the 'who knew' question while everyone else takes the losses.
One far out of the money bet paid off hugely on a record crash. Without the buyer's identity, big winning trades before earnings will keep raising the 'who knew' question while everyone else takes the losses.
receipt R-0098 · x: https://x.com/unusual_whales/status/2116201210084819425 https://x.com/KobeissiLetter/status/2116166412024868892 · 30 oct 16:17 utc · by data butcher
