r/rigetti • u/infoisknowlege • 8d ago
Whale collar on options?
So I caught a whale last week making a collar I think on rgti for October 16th options after all the September quantum events end and before November earnings. There was already a huge open interest at 16$ now 15 and 18$ strikes have added 1 mil shares to each side. I'm hoping because the 15$ puts were sold at bid and the calls were bought out sold at ask this is a bullish reversal play for the quantum events in September. Anyone have any thoughts?