Today we saw an “Insider Buyer’ of AXP Weekly Puts and these Puts were good for 100% gains in less than 5 hours. The reason I watch “Insider Buying” in the options market, is because it works we both Calls and Puts. Another day, another winner with “Insider Buying.”
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About the Author: Andrew Keene
Andrew Keene is President & CEO of AlphaShark Trading, which he originally founded as KeeneOnTheMarket.com in 2011. Andrew currently actively trades futures, equity options currency pairs, and commodities. He is a regular guest market commentator on such networks as Bloomberg TV, CNBC, and Fox Business. Keene's first love will always be trading, but he is arguably even more well known for building a trading room. Andrew is especially proud of having taught his personal strategies to over 50,000 students over the past 4 years. He is a self-made millionaire from trading and wants to continue to teach and help others.