Someone Bought $27 Million in Calls Into a 47% Crash

Nebius has been one of 2026's most violent names, up from about 84 dollars to nearly 300 in June, then down roughly 47% off that high in weeks. Into that crash, someone bought nearly 27 million dollars in calls in the final minute on back-to-back days. The twist: the strikes aren't betting on a new high, the nearer call only needs the stock back to where it traded 17 days ago. Michael Burry is short it, yet 20% of the float is short. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 27 million in calls into a 47% drop 00:15 Nebius, one of the year's wildest names 00:45 The neo-cloud credit scare spreading 01:06 The two big call buys at the bell 02:05 Where the break-evens actually sit 02:35 Michael Burry is short it 02:54 The debt load piling up 03:15 Huge revenue growth, earnings Nov 12 03:36 Wall Street still leans bullish 05:25 Signal vs noise, falling knife or early? #tastylive #signalvsnoise #nebius #aistocks #optionsflow #coreweave #michaelburry #shortsqueeze #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.