Put sweeps are large, aggressive purchases of put options that can indicate a trader's expectations for a stock to decline.

How should I interpret high put premiums?

High put premiums suggest that traders are willing to pay a premium for downside protection, which may imply a bearish sentiment toward the underlying asset.

Are put sweeps a reliable indicator of market movement?

While put sweeps can provide insights into trader sentiment, they should be considered alongside other market signals for a more comprehensive analysis.