What's up with $NEBIUS(NBIS)$ ?
After a 7% dip over the past week, it bounced back 4% today on AI cloud price hike news.
Institutions are loading up on calls, not puts. Options flow shows just 10% in puts recently. Big money is eyeing upside with a $2.5m sweep in $200 calls and a $1.0m block in $240 calls for October.
Looks like they're hedging short-term downside but betting on a move up next month. Those strikes are worth watching if you're trading this.

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