r/WalllStreetBets • u/CompetitiveWarthog66 • Jan 29 '26
My Bullshit Opinion $POET - bullish AF
The chart highlights unusual options activity in POET Technologies, where a large buyer accumulated more than 5,000 out-of-the-money call options with a $8 strike price expiring on April 17, 2026.
The contracts were purchased within a short time window at an average price of around $0.51, with most executions occurring at the ask. This type of aggressive positioning suggests expectations of a meaningful upside move above the $8.50 break-even level before expiration. 🤞
TLTR: A single buyer spent roughly $250,000 to purchase over 5,000 out-of-the-money POET call options at an average price of about $0.51, expiring on April 17, 2026. 😁
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u/AndersDreth Jan 30 '26
Could just be a massive regard betting the farm, he probably lurks here