15minoffame
131 posts
msg #139914
- Ignore 15minoffame |
12/7/2017 11:05:27 PM
Spotlight Big Options Volume Trade of the Day!
AAPL has one of the most liquid options stocks and a million dollar bet occurs pretty frequently. Still, it doesn't hurt to take notice when an investor spends $400K on a weekly bet. This was a purchase of 2000 contracts of the 12/15 170 Call at $2.00 per contract. Break even is $172. Stock closed at $169.32 so it needs to gain a minimum of 1.78%, a very doable feat for AAPL.
Chart shows it has gone sideways for the past 7 trading days and the Calls vs Puts volume at this strike today was 28K-8K. Its overall options Calls vs Puts volume was 64%-36%. I would like to see a minimum of 70%, but I've been pretty successful in previous AAPL piggy back trades.
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mahkoh
1,065 posts
msg #139936
- Ignore mahkoh |
12/8/2017 2:08:55 PM
LKQ 3000 march35 calls bought ($1.68 million)
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15minoffame
131 posts
msg #139946
- Ignore 15minoffame |
12/8/2017 8:39:52 PM
That's a nice in the money trade on LKQ. Its relative volume to its 90-day avg was 2.67 & a near perfect 99% of Calls vs Puts when it comes to total options volume. Not to mention $1.68 million bet is massive for this stock.
Spotlight Big Options Volume Trade of the Day!
EEM appears to have bottomed as someone paid $3.6 million in premium when they bought 27,752 contracts of the 3/16/18 46 Calls for $1.31 per contract. Break even is $47.31 which is still far below resistance near $48.
Its 52 week R-Square is .96 which means a relentless uptrend. Barring an unforeseen lengthy market meltdown, this bet should be very doable given the 3 months time frame.
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mahkoh
1,065 posts
msg #139948
- Ignore mahkoh |
12/9/2017 7:21:07 AM
One thing to consider is that etf options may represent a hedge against a stock trade. Not saying that is. the case here, but it is something to keep in the back of your mind.
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15minoffame
131 posts
msg #139952
- Ignore 15minoffame |
12/9/2017 11:47:17 AM
That's a very good observation. Looking at the beaten down chart though, I'm thinking they're thinking it's time to get back into the game. StrataSearch keeps crashing on me the past two weeks. Have you tried using it lately?
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mahkoh
1,065 posts
msg #139953
- Ignore mahkoh |
12/9/2017 3:38:05 PM
I would agree with that. If it were a hedge they probably would have chosen a higher strike.
I've used Stratasearch without issues for years. At which point does it crash on you?
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15minoffame
131 posts
msg #139954
- Ignore 15minoffame |
12/9/2017 4:23:16 PM
Importing prices from Google Finances. SS won't allow me to do it and instead keeps crashing & closing the program.
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Kevin_in_GA
4,599 posts
msg #139957
- Ignore Kevin_in_GA |
12/9/2017 5:01:34 PM
Import from Yahoo works again, for some reason. That is how I am doing it now.
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mahkoh
1,065 posts
msg #139958
- Ignore mahkoh |
12/9/2017 7:03:20 PM
I've switched to ASCII importing when the yahoo issues started back in May. For me that wasn't too big a problem since I was already doing manual imports for forex data.
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lavapit315
47 posts
msg #139972
- Ignore lavapit315 |
12/10/2017 6:00:48 PM
@mahkoh Is there anywhere to get all market data via acsii? I have found the downloading the full symbol list included in SS via yahoo gets about 1/2 way through then fails. However, looking at the data shows that it was up to date. If you try to run any scans though it fails so then I rebuild sector indexes and then everything works properly again. Be nice to get ascii for the whole market. Thanks
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