$BYND Unusual Options Activity: $1M in Put Writes Set the Stage for a 1,300% Short Squeeze

The Put Writes: Aggressive Premium Selling

Last Thursday, Bullflow caught some large Put writes of Beyond Meat ($BYND).
Bullflow lit up with custom “20 Repeats in 3 Minutes” alerts — all showing aggressive $2 strike put writes expiring Dec 19 2025, totaling over $1 million in premium.

Bullflow’s custom alerts showing repetitive $2 put writes within minutes

What we saw in the flow

• 35 separate put prints, at the bid
• $1.01 million total premium
• This investor was taking on a large bullish position — effectively saying, “I’m willing to be long BYND at an effective cost of $2” (which was 4× the spot price)

The Follow-Up Move: BYND Calls Hit the Flow

Thursday’s call activity — contracts showed huge returns days later.

• Calls bought aggressively
• Near-dated with only 3 weeks until expiry
• Prices went from pennies to dollars in two sessions

Then Came the Catalyst: A Meme-Stock Short Squeeze

On Monday, BYND launched into a full-blown short squeeze:

• BYND rose over 100 % in a day (Nasdaq)
• Short interest reported around 60 – 64 % of float (Proactive Investors)
• Reddit and meme-ETF crowds piled in (Business Insider)

What sparked it

1. Debt swap news caused a sell-off to near $1 (NY Post)
2. Retail saw huge short interest and pounced (r/WSBAfterHours)
3. Volume spiked, shorts started covering, and momentum snowballed.

The result: a massive move that made the put writers look like geniuses and the call holders millionaires.

Both sides of the flow tell the same story — smart money sensed a bottom forming.

Why the Flow Matters

They weren’t afraid of further collapse. By selling puts at $2, they signaled a belief that BYND had hit its floor. Once those calls appeared, it was clear someone was anticipating an upwards movements, especially given the near-dated expiration on the contracts.

Together, the two flows — deep ITM put writes and sudden call aggression — increased conviction that a major reversal was near.

Risk & Reality Check

Even with this squeeze, BYND is still a fundamentally fragile company:

• Massive share dilution via debt swap (Business Insider)
• Weak revenues and cash burn continue (247WallSt)
• Volatility remains off the charts, and IV crush is coming.

Final Thoughts

Between the $1 million in put writes and the explosive call volume, BYND offered a real-time case study in how options flow foreshadows market psychology.

• Put writers collected premium and won.
• Call buyers caught the meme wave and printed.
• Shorts got squeezed hard.

Keep watching the alerts.

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Disclaimer: This content is for informational purposes only and not financial advice. Options trading involves significant risk and is not suitable for all investors.