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A COUPLE DEEP ITM PUTS AND LOTS OF OTM CALLS WERE BOUGHT OVER THE LAST 3 MARKET DAYS (5/7-FRIDAY, 5/11-MONDAY, 5/12-TUESDAY)
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| Author | Source |
| :-------------: |:-------------:|
| [u/Dan_Bren](https://www.reddit.com/user/Dan_Bren/) | [Reddit](https://www.reddit.com/r/Superstonk/comments/nafcuh/a_couple_deep_itm_puts_and_lots_of_otm_calls_were/) |
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[Education 👨‍🏫 | Data 🔢](https://www.reddit.com/r/Superstonk/search?q=flair_name%3A%22Education%20%F0%9F%91%A8%E2%80%8D%F0%9F%8F%AB%20%7C%20Data%20%F0%9F%94%A2%22&restrict_sr=1)
Good evening Apes,
Sorry for the lack of posts lately but sometimes life gets in the way. Fortunately I still managed to find time to save the data from each market day. With that said let's get into it.
[![r/Superstonk - A COUPLE DEEP ITM PUTS AND LOTS OF OTM CALLS WERE BOUGHT OVER THE LAST 3 MARKET DAYS (5/7-FRIDAY, 5/11-MONDAY, 5/12-TUESDAY)](https://preview.redd.it/ng46piilwly61.png?width=1229&format=png&auto=webp&s=fa9a79515f490283fabd71060d362cc37d546111)](https://preview.redd.it/ng46piilwly61.png?width=1229&format=png&auto=webp&s=fa9a79515f490283fabd71060d362cc37d546111)
GME Biggest Options Trades 5/7/21
Friday is where we basically saw all of the action. There were block purchases of 684 $300 puts for $9,435,780 with expirations 5/7(same day) and 6/18 out of EMLD (Miami). The other super interesting action can be found within the $800 calls purchased in mass quantities (~5063 calls) expiring July 16. These trades total somewhere in the neighborhood of $1.5 million and came out of BZX (Chicago) and GEMX (regional exchange for Africa, Latin America, and Southeast Asia). Quick crayon break and we'll move on.
[![r/Superstonk - A COUPLE DEEP ITM PUTS AND LOTS OF OTM CALLS WERE BOUGHT OVER THE LAST 3 MARKET DAYS (5/7-FRIDAY, 5/11-MONDAY, 5/12-TUESDAY)](https://preview.redd.it/it074z1jyly61.png?width=1016&format=png&auto=webp&s=0dd1a76bfe824fb1a3dbd678559692c3697c196d)](https://preview.redd.it/it074z1jyly61.png?width=1016&format=png&auto=webp&s=0dd1a76bfe824fb1a3dbd678559692c3697c196d)
GME Biggest Options Trades 5/10/21
Nothing really of note on Monday a relatively quiet day on the options front.
[![r/Superstonk - A COUPLE DEEP ITM PUTS AND LOTS OF OTM CALLS WERE BOUGHT OVER THE LAST 3 MARKET DAYS (5/7-FRIDAY, 5/11-MONDAY, 5/12-TUESDAY)](https://preview.redd.it/henpfgxkyly61.png?width=1174&format=png&auto=webp&s=dbe1c6a84feb7370a83b1d313f77e9cd56fd1b2e)](https://preview.redd.it/henpfgxkyly61.png?width=1174&format=png&auto=webp&s=dbe1c6a84feb7370a83b1d313f77e9cd56fd1b2e)
GME Biggest Options Trades 5/11/21
Today (tuesday) was another seemingly calm day in terms of options although we saw a bit more activity with the $800 OTM calls with roughly 346 purchased in large block trades out of BZX and PEARL with the same July 16 expiration date. Let's keep in mind these $800 DEEP OTM calls are very cheap but they still have a cost. Not sure if these are being used as a bullish bet, as a hedge, or if somehow this all ties back to the FTD resets. Not my job to sit here and speculate, I am just a smooth-brained crayon eating ape that's here to bring you the data. Hopefully will be seeing you again tomorrow. [u/Dan_Bren](https://www.reddit.com/u/Dan_Bren/) out.