Markets reveal their hierarchy in strange places. Not in earnings calls. Not in analyst price targets. Not even in the headlines that pretend to explain why a stock moved three percent on a Tuesday afternoon.That hierarchy reveals itself in the options tape.Recently, buried among the routine skirmishes around SNAP, a trade appeared that deserves attention. Five thousand contracts of January 2028 ten-dollar calls traded for roughly $1.01.The math is simple. 5,000 contracts. 100 shares each. $1.01 per contrac ...