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

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

Bullflow Team
$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.

BYND Put Sell Alerts
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 4Ă— the spot price)

The Follow-Up Move: BYND Calls Hit the Flow

BYND Call Flow Thursday
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:

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.

đź”— Stay Ahead with Bullflow

Bullflow continuously scans and alerts for unusual options activity, helping you identify where the smart money is flowing before major moves happen.

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