Mar. 14 at 1:58 AM
$TMO taking a hit, down 2.4% today and a rough 9.2% over the past 5 days
Way more than the tiny ex-dividend impact
Looks like real selling pressure out here
Big money making moves,
$30M in deep ITM puts bought for next week
Institutions hedging hard or going bearish
No clear catalyst, but they’re not messing around
Implied vols are sky-high, 78 to 139%
Market's bracing for more downside
If you’re bearish, maybe look at put spreads instead of those pricey outright puts
Stay sharp
