FLASH CRASH WARNING - 4000 6/18 300 puts bought last friday, 1000 were exercised on monday to cause the end of day mini-crash
As the DD has show they use ITM puts as an expensive last resort to drop the price. Those 4000 puts cost over 51 million.
This is by far the highest open interest for any ITM put in the entire option chain
They may unload the remaining 3000 to try bomb the price down before these mass amount of calls expire ITM today, and so there isn't a 3 day weekend of FOMO buildup.
Do not set stop losses
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