Long

$VMW | Unusual Options Activity and Interesting Price Action

Price is trading inside of a daily bull flag (see below). I am looking for a breakout of the low timeframe consolidation inside of the smaller blue channel.

Some unusual options activity to consider:

12/18/20 145C bought on 11/4 [842 @ $2.90 244k]
12/18/20 150C bought on 12/2 [1800 @ $0.95 171k]

Large trades, same expiration, OTM.

Furthermore, I have noticed some unusually large wicks during cash session.

snapshot

Keep an eye out this week.

Large Daily Bull Flag:
snapshot
Chart PatternsTechnical IndicatorsTrend Analysis

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