🚨Leopold/Situational Awareness returns?

Since last Friday, there's been a string of significant Flex calls bought in concentrated AI names: $315M total options premiums / $1.1B of delta / $5.8M of vega.

Positions:

- $Sandisk(SNDK.US): Jan 2040/2200 calls - $57M prem, $198M delta, $1.04M vega.

- $Bloom Energy(BE.US): Jan 250/310 calls - $48M prem, $140M delta, $565k vega.

- $Intel(INTC.US): Jan 105/115 calls - $48M prem, $185M delta, $870k vega.

- $Coreweave(CRWV.US): Jan 105/115 calls - $43M prem, $160M delta, $770k vega.

- $DRAM: Jan 65/70 calls - $43M prem, $173M delta, $855k vega.

- $SK Hynix(SKHY.US): Jan 190/210 calls - $39M prem, $148M delta, $710k vega.

- $AMD(AMD.US): Jan 540/580 calls - $36M prem, $193M delta, $1.08M vega.

It'll be confirmed as Leopold if we start to see some big FLEX calls in $Micron Tech(MU.US) / $Nebius(NBIS.US) / $Taiwan Semiconductor(TSM.US) soon.

Data via CBOE. NMR + GS desks aligned on "single mystery buyer" narrative...