Situational Awareness Resumes Options Buying, Including SK Hynix: Report

The signal here is less the specific names than the return of large premium-paying options activity from a fund whose positioning has been closely tracked. Paying several hundred million in premiums implies conviction and willingness to accept decay, not a hedge. That it touches AI-adjacent hardware and power names suggests the same thematic axis as before. The unresolved question is funding: without clarity on whether new capital was raised, the scale of the position and its durability remain open, and that is what to watch.