NET June 430 calls: measured upside with time to recover

Buy June 17, 2027 $430 calls with small risk. Friday buyers paid $2.73M for 718 calls at the ask; opening positions are not yet confirmed. June implied volatility near 65% roughly matches recent 20- and 60-session realized volatility. Target $430 by March 1, taking profits near a 70% gain. Exit on a daily close below $306.90 or a 50% option loss. Reassess December 7 without a recovery above $332. Earnings timing remains unverified; the full premium can be lost.

• NET, long call, 2-4 months, opened Oct 26, 2026. It closed at -15.9%.

Updated 2026-11-02 17:11 UTC