Mar. 20 at 7:24 PM
What's up with
$IEF drifting lower?
Big players are stacking up protection with those puts
Spotted an 83,224-contract Apr 17
$94 put block at the ask on InsiderFinance
It's a 100% put-dominated session with over
$6.8M in near-the-money premium
Looks like institutions are bracing for more downside into April and June
Be cautious with dip-buying here unless you've got tight stops