COKE
BEAR
2026-05-21
Overnight Institutional Flow Signal
Score
2/10
Move
1.5%
Flow
$1.3M
AI Trade Thesis
COKE BEAR $180P Jun 18 '26. The stock is currently showing technical exhaustion after failing to reclaim its 50-day moving average, with institutional flow aggressively targeting the $180 level. Entry near $176.22 with a target of $165. Risk: A breakout above the $185 resistance level would invalidate the bearish setup.
Flow Breakdown
Call Volume
$144K
Put Volume
$1.1M
Flow Intent
DIRECTIONAL
Catalyst
Technical Breakout
Recommended Setup
ContractO:COKE260618P00180000
Contract Score11.512/10
Risk/Reward0.9:1
Delta-0.56
Key Levels
Resistance$193.05
Support$161.00
Price$176.22
SMA 50 / 200$193 / $157
52W Range$105 — $220
News & Catalyst Analysis
Key Headline
Coca-Cola Consolidated (COKE) Technicals Signal 'Strong Sell' as Short Interest Rises
News Summary
COKE has recently bounced +1.5% but remains significantly below its March all-time high of $209, with technical indicators currently signaling a 'Strong Sell' regime. Institutional bearish flow of $1.1M in ITM puts suggests that smart money is positioning for a failure of this minor relief rally and a continuation of the mid-term downtrend.
Flow Intent Analysis
The $1.1M bearish premium is positioned in ITM puts following a minor 1.5% bounce, suggesting a bet on further downside rather than a hedge for recent performance.
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