Learn more about the 3 trades I made today

The reason that I trade Unusual Options Activity is because SO many times a trader buys a Call or Put position before a catalyst. Well, we have the G20 that starts today and there has been so many concerns about tariffs and when/if this issue will it get settled. We have seen the retail names getting hammered because of this, but today we saw HUGE Unusual Options Activity Calls being bought in three different names. These were HUGE massive bets and I got long all three names, even though the charts are weak.

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Trader Makes 100% Profits on EXPR Earnings

The reason that I trade Unusual Options Activity is because SO many times a trader buys a Call or Put position before a major catalyst causes the stock to dramatically move. Just yesterday we saw a trader buy OVER 2,000 EXPR December 7 Puts for $.60. This was a $120,000 bet and gives the trader the ability to sell 200,000 Shares of stock of EXPR between now and December expiration on the $7 Strike.

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Learn more about the $1.2 million trade I saw in EBAY today

Today we saw a trader buy over 2,000 Continental Resources (CLR) December 7th, 2018, $48 Calls for $.50. This gives the trader the right but not obligation to buy almost 200,000 shares of CLR between now and December 7th expiration.  For this right, they paid $.50 per lot or almost $100,000 in total. That’s a large order, considering that (CLR)  has only traded 1,100,000 shares today.  

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A profitable trading trick that I used today in Hartford Financial (HIG)

Today we saw a trader buy over 20,000 Cenovus Energy (CVE) January 18th, 2018, $8 Calls for $0.35. This gives the trader the right but not obligation to buy almost 2,000,000 shares of CVE between now and January 18th expiration. For this right, they paid $0.35 per lot or almost $700,000 in total. That looks like a large order, considering that (CVE) has only traded 3,400,000 shares today.

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