NYSE:CCL $325K in premium traded for $9.5 strike calls for Friday September 30th 2022 expiration traded today. Unusual Activity for $9.5 calls about 28,000 contracts traded throughout the day @ approx $0.25 per contract (Above Open interest of only 3200) Carnival Corp earnings date is 09/29/2022 Thursday Stock is at an interesting price level. If stock price...
This trade has a great R:R imo. Just a couple of days ago some heavy flow came into the January $75 calls. Over $5MI in premiums. Price is bouncing off support and showing reaction. Stop loss can be just below support and target can be $75 / $80
Texas Roadhouse has been in a descending channel since April and recently put in a double bottom, which what appears to be a sellers climax and we should get a breakout here to the upside. Recently some price target upgrades - go figure I'm long MAR 95 calls . Note, a rejection at trend line resistance bulls would want to see support on the 88 VP shelf. I...
A whale is buying the JUN 45C in NRG Energy. I like the chart, gap above on the daily and weekly we can see right at trendline support. I followed the trader here, looking for a move to the upside in the next few weeks. Also looks like a good entry for a common swing trade if you are not liking the option idea - $34 SL with $45 PT.
$CCJ option flow extremely bullish. Technically it could run to PT $31 , probably why a buyer went long on 2,100 DEC 31C Following here...
Posted this idea earlier, calls now up +45% . If you didn't take a trade, I think this has plenty room to go especially with a close above the 200MA (let's see how they close it). If there is an expected retest of breakout, I will add to my position. Stop loss just above break even. Open interest of the MAR 22 95c is still 9,655 - the whale is still in this...
Caught some UOA flow for $TXRH - MAR 22 95C Current open interest is 9,487 I always study the charts when I see a big call / put buyer especially for a name that's not as common. Looks like a volume uptick from recent ER, at good volume shelf support zone and recaptured weekly 21 EMA .... bullish falling wedge pattern. Want to see this breakout or perhaps...
XLY Consumer Discretionary SPDR ETF saw a buyer of the 12/17 187C for $2.5M in premium last week Top holdings are AMAZON and TESLA. I like both these stocks from a technical perspective and a "cheaper" trade would be to go long XLY :) (Higher premiums on AMZN and TSLA). From a technical perspective XLY has bullish Momo and a strong close above 21EMA. Looking...
Snapchat potential breakout with crazy option flow today. News ? or perhaps just playing the trend and bullish confluence of indicators. $28M Block 1/21/22C at ask ... can't ignore that. I like the Oct or Nov 85C for an idea
A lot of UOA call buying (over $1M in premium) OCT-DEC various strikes $22-25 On watch . Weekly MACD also has my attention. Crazy this was once $122 a share 10/15 $25C for an idea
Going into quad witching tomorrow may get a move but my eyes are more so on next week. My bias is long given the BULLISH option flow going into the coming weeks/October. Want to see a break out of this descending triangle to the upside I'm long $110 calls
Watching XOP here for a breakout of the box. Nice volume pocket above with continuation of the follow through AVWAP. Blocks and Sweepers on the tape today over $1M in premium OCT and DEC opex.
I typically don't trade weeklies but saw UOA for CCL and I like the ascending channel it's forming. Also looking flaggy with January AVWAP at $24.94 . MACD giving confluence as well. Looking for a move near top of channel in next day or two. Tight stops due to the decay ; 24 and 25 strike , small size. A couple 9/10 contracts as well (most likely will be the...
I saw EGHT 11/19 $20 PUT sweepers and they caught my eye as I've honestly never even heard of this stock. Great time for me to learn. After checking the chart, it appears to be a nice short set up so I followed the sweeps : -Bearish death cross -Bearish MFI and RSI/Williams -DEC 20 unfilled gap below -Huge volume gap , can easily "fall off a cliff" -Rejected...
Google is seeing some bullish activity and UOA . Looking interesting if manages to break LOD
$C Citigroup Inc - Possible bull flag breakout today. Bullish Unusual Options Activity $776M of 2021 expiration calls traded today (majority Jun) $698M of 2022 expiration calls traded today (majority Jan) $166M of 2023 expiration calls traded today (Jan) Over $1.6 BILLION of Citigroup calls traded today after they reported a solid earnings beat earlier this...
$SI Silvergate Capital - Hitting the bottom of its recent range with a possible bullish hammer candlestick. High probability of a near term bounce. Bullish Unusual Options Activity: $2.1M of May $110 calls bought today (7x open interest) Near term target: $160-$170 range possible by early May Note: This is NOT investment advice. Educational only.
$SGMS Scientific Games Corp - Provider of gambling products/services to lottery and gambling organizations aka casinos Bullish Unusual Options Activity $1.2M of May out-of-the-money $50 calls bought today Cleared resistance at $44.50 yesterday and successfully retested today. High probability of another leg up coming. Near term target: $50-$52 range by end of...