Russell Rumble: $IWM Flow Turns Red with Sizey Puts & a Dash of Calls 👀
The bears rolled deep in $IWM today — but bulls aren’t fully backing off. Here's why the small-cap ETF just became a battleground.
$IWM got SMACKED with put flow today 💥
We’re talking:
✅ $5.4M in repeat buys on the $209P
✅ Institutional-size put blocks at the $204 strike
✅ One standout call block at $220 looking ahead to December 📆
✅ Mostly short-dated downside exposure—smart money’s hedging or swinging hard 👀
👇 Full recap with volume, contracts & commentary:
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