This trader placed a $140k bet that the market is going to tank this week.
Last week, I posted this: [https://www.reddit.com/r/options/comments/1iv31ua/](https://www.reddit.com/r/options/comments/1iv31ua/)
I saw this trade hit the tape, which its peak was worth 900%+ more than it's entry. 1DTE on a 2% pullback overnight on the $SPY. Friday was a bloodbath, and these got paid.
https://preview.redd.it/a39tras3s3le1.png?width=808&format=png&auto=webp&s=81cca44dafab981a678e449a703daa76eafd4a82
I saw a similar trade this morning, not quite the same conviction, but still very bearish post-NVDA. No shortage of reasons to be bearish here.
https://preview.redd.it/xp84jyv5s3le1.png?width=788&format=png&auto=webp&s=410b934ec8eab41b119527158bf88d81e8cde5d3
Market looking like it wants to tank. Big insider institutions are betting on the same. Documenting all on X/YT.
Stay safe out there.