To The Moon

Look at the option move on $Peloton Interactive, Inc.(PTON)$. At first, I thought it was an ambush, but after a closer look, I prefer traders to be bullish.

• ​$PTON 20230616 15.0 CALL$
• $PTON 20240119 25.0 CALL$

Yesterday, PTON's large option call volume surged, and the volume was in the millions. But the option expiration date is far away, 2023 and 2024, which is not quite consistent with the previous observation of the takeover movement. And if it's a big ambush, in my experience it's announced today, not given you time to buy.

Also notice that calls come in pairs and have a little bit of a call spread. The PUT below is deep spread arbitrage.

The above characteristic tendency can be summarized as some traders are bullish on PTON.

But Pton is not my focus. My focus is on growth stocks.

You may have seen a significant option large order anomaly recently. Stock long short fierce duel, a lot of weight stocks in Tuesday's decline let a person shocking, at the same time we will find the first half of the fall of the most malicious growth stocks in the radical rise.

This contradiction shows that the wind vane function of the large single weight stock is not very sensitive, but the large single change of the small market capitalization stock has more reference value.

Even Pton has moved, $游戏驿站(GME)$ and $3B家居(BBBY)$ have stopped falling, and other more reliable growth stocks are better opportunities. $Snowflake(SNOW)$ $Roblox Corporation(RBLX)$

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