QuantInsider
$UAA seeing some interesting moves
About 35k contracts of Jan 2027 and Jan 2029 deep ITM put sweeps hit the ask on InsiderFinance, signaling big institutional demand for downside protection
This comes as UAA slipped 0.6% today despite a +4.8% gain over the past five sessions
Looks more like hedging into strength rather than a panic sell-off
Next week's earnings are on the radar with street previews at around $1.23B revenue and an adjusted EPS loss
UBS still says Buy but cut the target to $8
Options traders should watch for elevated event risk and manage your size carefully into the print
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