Put Sweeps — July 15, 2026 | Pushing Profits
Category: Put Sweeps | Date: 2026-07-15
Traders are focusing on put sweeps, signaling increased bearish sentiment across major stocks like AMZN and INTC today.
Report
On July 15, 2026, the options market witnessed significant put sweeps, indicating trader sentiment towards potential market declines. Leading the pack, Amazon (AMZN) saw a notable PUT sweep with a premium of $5.9 million for the $300 strike set to expire on December 17, 2027. This suggests increasing bearish sentiment among traders regarding AMZN's future performance. Intel (INTC) also attracted attention with a $5.5 million PUT sweep at the $85 strike expiring January 21, 2028, reflecting concerns over its longevity in a competitive market. Meanwhile, Palantir (PLTR), Tesla (TSLA), Micron (MU), and Bank of America (BAC) each saw substantial PUT activity, indicating that traders are hedging against potential downturns in these stocks. Palantir (PLTR) recorded a $2.3 million premium at the $140 strike expiring October 16, 2026. Tesla's (TSLA) PUT option at $440, set to expire January 15, 2027, had a premium of $1.8 million. Micron (MU) and Bank of America (BAC) saw movements of $1.4 million and $1.1 million in premiums, respectively, indicating heightened market caution.
Frequently Asked Questions
What is a put sweep?
A put sweep occurs when investors buy large quantities of put options to hedge against or bet on stock declines, signaling their bearish sentiment.
Why do traders look at put sweeps?
Traders analyze put sweeps to gauge market sentiment and potential stock price movements, helping them make informed trading decisions.
How can put sweeps impact stock prices?
Large put sweeps can indicate increasing bearish sentiment, potentially leading to downward pressure on the underlying stock prices.