I Won Big Today By Buying These Calls! Learn More Here

Today we saw a trader buy over 10,000 AA August 44.50 Calls for $.35. I did buy these Calls today and I already sold these Calls are made over $5500 Profits as these Calls went up 100% gains in the course for just a couple of hours.

This is the power of Insider Buyer in the options market. This gives the trader the right but not obligation to buy almost 1,000,000 shares of AA between now and August expiration and for this right they paid $35 per 1 lot or $350,000 total. This is a big Insider Buyer of AA Calls. I am NOT LONG these Calls anymore but I Short Credit Put Spreads. This has been a name we have seen a lot of UOA in and this has been an Activist long in the past and might be again in the future.

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Andrew Keene

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.