Mar. 20 at 5:44 PM
$FWRD catching some eyes with that aggressive buy of 1,446 April
$20 calls
That’s a big move into a recent ~5% dip
Volume is outpacing open interest and
$49K in premium shows bullish vibes
But without news or solid tape, this feels like early positioning
FWRD is still down about 4.9% over the past five days even with today’s +0.9% bounce
So any bullish play here is countertrend
Keep an eye on price action before diving in too deep
