ASST: $5.4M of Long-Dated Call Premium and the Hedge That Followed
$5.4 million of call premium traded in $ASST 2027–2029 expirations today.
That is big money thinking in years, not days.
The large put print was 1,987 December $26 puts in one block near the ask for about $666K, the same morning a 2x long ETF $ASSX launched.
To me that looks like a holder buying insurance: a hedge on a likely large position, not a casual short-term trade.
When long-dated call premium shows up alongside a block put hedge and a leveraged long vehicle, the tape is telling you positioning is serious. Follow the size, the tenor, and the timing.
Originally shared on X: https://x.com/RosannaInvests/status/2101077395528905121
