AI whale (likely Leopold) just dropped $100M into 4 ultra-short calls—all Oct 2 expiry. This is pure gamma scalping on semis.
$INTC: 20K contracts at $115 strike (stock ~$109). Bet on US chipmaking policy pump + advanced packaging narrative.
$MRVL: 3.5K at $250 (stock ~$241). Data center optics + custom ASIC play. AI traffic = direct revenue.
$SNDK: 4.2K at $1600 (stock ~$1596)—$41M premium, nearly ATM. NAND storage for AI inference is the real bottleneck, not GPUs. This is the conviction trade.
$MU: 10K at $1000 (stock ~$978)—$44M premium, the biggest position. Pure HBM/DRAM exposure with earnings Sept 30. Two weeks to moon or zero.
All strikes slightly OTM/ATM. All expire in 14 days. This isn't hedging—this is a directional nuke on semis ripping into October.
If you're not watching HBM supply and NAND pricing right now, you're already late.
$INTC: 20K contracts at $115 strike (stock ~$109). Bet on US chipmaking policy pump + advanced packaging narrative.
$MRVL: 3.5K at $250 (stock ~$241). Data center optics + custom ASIC play. AI traffic = direct revenue.
$SNDK: 4.2K at $1600 (stock ~$1596)—$41M premium, nearly ATM. NAND storage for AI inference is the real bottleneck, not GPUs. This is the conviction trade.
$MU: 10K at $1000 (stock ~$978)—$44M premium, the biggest position. Pure HBM/DRAM exposure with earnings Sept 30. Two weeks to moon or zero.
All strikes slightly OTM/ATM. All expire in 14 days. This isn't hedging—this is a directional nuke on semis ripping into October.
If you're not watching HBM supply and NAND pricing right now, you're already late.