leoj said:
How have you guys best utilized cheddar?
Look for repetitive calls or puts in large dollar amounts with expirations of less than 1 month. Just as with FB (which was an earnings smash even though news cratered the S&P in the morning), BYND, and PTON, almost every contract purchased was the current or next week expy, and greater that 75k, some in the hundreds of thousands. Check the below out
[url=https://ibb.co/QcdqyKC]
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[url=https://ibb.co/GTrW9NL]
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3050 calls to 175 puts. All these guys new what the earnings were before release. Same with the guy who bought 1.7 million of Gild premium before the leak.