This week we saw numerous unusual market news
Before Trump announced a pause, there was HUGE $QQQ volume on a 460C expiring 04/17.
They were bought for $0.85 and ran to as high as $31 per contract!!! This was before any news.
Later in the day, it rallied 2000% in ten minutes
The trader made millions.
Why was this unusual? For a few reasons:
- Firstly new opening volume on chain, minutes after market open
- IVR of +80 on $QQQ, with iv percentile of medium, so vol wasn’t anticipating a move this big
- All execution happened at once, at ask
- This was wildly out of the money at the time
- Market was bearish, across the board
- Zscores on this opening weekly $QQQ HIGHLY suspicious!
Someone always knows.

From X
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