On a seemingly quiet day for State Street Corporation (NYSE: STT), with its stock price making only minor moves, an extraordinary event unfolded in the options market. On July 29, volume for call options (bets that a stock’s price will rise) surged by a stunning 2,770% compared to its recent daily average.
This kind of focused trading activity is rarely accidental. It’s often the unmistakable footprint of institutional or smart money executing a large-scale, confident strategy.
