NBIS — Bullish Call Sweeps Hit the Tape

Nebius Group (NBIS) saw a burst of aggressive call activity on October 24, 2025, as traders piled into the $115 calls expiring October 31, 2025. The flow came in fast, concentrated, and notably bullish — a pattern that’s hard to ignore heading into the end of the week.

The Options Flow

The tape lit up with multiple $115 call sweeps between $5.38 and $6.29, with the stock trading around $113–$114 at the time. The largest sweep hit for 4000 contracts @ $6.29, worth about $251K, followed by a string of supporting prints in the $240K–$270K range.

Source: blackboxstocks.com

That level of repetition — same strike, same expiration, within minutes — is classic short-term momentum flow. These were almost entirely on or above the ask, signaling urgency from buyers looking for a quick move into expiration.

Technical Setup

On the 4-hour chart, NBIS has been climbing steadily off the recent low near $91, breaking back above the 89 EMA and now testing the 200 EMA around $120. Momentum is strong: MACD has crossed bullish and is accelerating, while price volume support sits around $106–$108, providing a solid base if it consolidates.

The main area to watch now is that $120–$125 resistance zone, where prior breakdowns occurred and volume profile thins out — a breakout through there could quickly open a run toward $130+.

The Trade

This cluster of $115 call sweeps for October 31 looks like traders are betting on continuation into the end of the week — a short-dated momentum push. With strong flow alignment, rising momentum, and price reclaiming major moving averages, the setup is one of those clean, high-energy bursts that often follow institutional footprints.

I currently have a personal position in NBIS.

Disclaimer: This post is for informational and educational purposes only. Nothing here should be considered financial advice or a recommendation to buy or sell any security. Always do your own research and trade based on your own risk tolerance and strategy.