The move today certainly piqued my interest.The 3yr chart, even...

The move today certainly piqued my interest.

The 3yr chart, even more...

There have been some huge bounces from the $240-$250 zone.

There is currently a huge amount of ITM puts and absolutely no ITM calls to be seen for July opex.

Dealers don't usually just hand over the keys and pay everyone on one side of the boat - if they do it's very rare.

Certainly setting up for a long entry - via calls - however if it is that 'one time' that dealers were the ones loading the boat then might even look at a strangle for downside protection (potentially lopsided with calls over puts but let's assess the next day or two and see if any set ups arise)

Could be a trade here @TheFadz