hey, all! i posted my first callout on CPNG and have been watching it for the past month or so. i’ve been noticing on 1 min charts that there are big spikes of volume selling and most of the buy volume is in small increments or spread out throughout the day.
my questions are:
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are these large sell orders being filled?
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could this be sign of insiders selling shares?
my strike is at 32.50 and it seems there is a lot of OI at 30.00c so meeting a lot of resistance . there is also a lot of OI at 27.50p. could this also be an explanation for these spikes? i’d be grateful for any input