YUM has a history of performing after market,when earnings are announced, the direction of the option activity closest to the close. In this case,even though the stock was strong all day,there was a surge in out of the money put buying the last hour prior to close. After earnings, the stock went down about 3 points. Yum also seems to perform the next day,after...
This stock ha been pummeled for months, and now put buyers feel that it has farther to fall.
Avon Products is seeing decent call buying of the out of the money November calls.
AGP has seen large buying of the January 90 calls this week.
With earnings season upon us,I will be watching individual stock option trading for "tells" regarding their direction. But overall breakdowns in major indexes will make the short setups have a higher probability of success,n than the long setups.
With earnings season upon us,I will be watching individual stock option trading for "tells" regarding their direction. But overall breakdowns in major indexes will make the short setups have a higher probability of success,n than the long setups.
Late call buying gave a heads up to expect early strength the next day.
ALXA was strong all day, started by huge buying of the November 6 calls.
Intra-day chart patterns can help make big profits, using weekly options, on Fridays.