🚨 WHAT THE HELL IS GOING ON WITH THESE $SPY WHALES?! We just got ANOTHER monster singular put buyer. Someone just swept roughly $14.85 MILLION into 10/30 $745 puts with $SPY trading around 759.62. And here's what REALLY caught my attention. THEY PAID ABOVE THE ASK. This isn't thousands of random trades being added together and labeled "$15M bearish flow." This is one concentrated sweep: 18,836 contracts at roughly $7.884, totaling about $14.85 MILLION. We have been tracking singular confirmed buyers for weeks and now look at what has shown up. 🐳 $26.66M — 11/20 $750 puts Our original whale, which still appears to be holding based on the volume/OI we've tracked. 🐳 $24.24M — 1/21/2028 $700 puts The massive longer dated whale that showed up yesterday. 🐳 $14.85M — 10/30 $745 puts ABOVE THE ASK And now THIS buyer shows up today. The 2028 position doesn't carry nearly the same time urgency. This one does. October 30th. $745 strike. Nearly $15 MILLION. Above the ask. And where have we been talking about that massive node building underneath $SPY? 745... 👀 Does any of this guarantee $SPY is going to 745? Absolutely not. These could be directional trades, portfolio hedges or pieces of larger positions we cannot see. But dismissing them with "they're probably just hedges" misses the entire reason I track this. WHY is this much capital suddenly being spent on downside protection? One whale can be noise. But we're now tracking roughly $65 MILLION across three enormous singular put orders, while our original $26.66M whale still appears to be sitting there. $26.66M. $24.24M. $14.85M. Somebody is paying a LOT of money for downside exposure. I'm not going to pretend I know what they know. I'm just going to keep following the money. 🐳 👀 — TJ $SPX $SPY #SP500 $ES_F $QQQ $NDX $CL_F #US10Y $TLT
TraderJonesyShare

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