Options trading and stock market news: SK Hynix IPOs today as the biggest foreign listing in US history. Ahead of it, someone poured nearly $70 million in combined call premium into Micron and SanDisk. The Micron trade was $24.4 million in 7-day calls at 108% IV. The SanDisk trade was $40 million in 14-day calls at 129% IV. Chris Vecchio reads the flow. Mike Butler loses his mind explaining why the same trade in the monthly cycle costs the same, survives a selloff, and could actually make more money because you keep extrinsic value. His verdict: these people need a tastylive seminar.
š tastylive:
tastylive.com
š° Get Tom's pre-market analysis every morning:
tastylive.com/newsletters
š FREE Options Strategy Guide:
tinyurl.com/bp9ms763
š± Follow tastylive on X:
x.com/tastyliveshow
Chapters
00:00 SK Hynix IPOs today, Micron and SanDisk used as proxies
00:59 Micron: $24.4M in 7-day calls at 108% IV
01:46 The strike is within the expected move, n...