SK Hynix continues to rise after earnings, with a smart money bottom-fisher capturing a 23% gain.

October 28 - According to TradingBeats monitoring, before SK Hynix's earnings report was released, a whale on Hyperliquid pre-positioned a long position in SKHX through two tranches. Currently, the account still holds a full 1,500 long contracts valued at approximately $1.6595 million, with cumulative unrealized profit of about $268,400, representing a return of approximately 57.9%.

On October 23, it first established 1,000 SKHX long contracts at an average price of $896.65; on the evening of October 26, it added to the position at $988.86, bringing the overall average position price to $927.39. The two trades had a combined notional long open interest of approximately $1.3911 million, using 3x isolated margin leverage.

As the pre-earnings rebound in SK Hynix continued, SKHX strengthened further today, currently at $1,106.3, up approximately 6.63% from $1,037.5 in the morning. The initial 1,000-contract base position has captured approximately a 23.38% price gain, and even accounting for the later higher-cost add-on, the current price remains approximately 19.29% above the overall average position price.