15minofPham
170 posts
msg #140663
- Ignore 15minofPham |
1/4/2018 10:54:04 PM
Yesterday's spotlight FCAU. The move rarely happens right away after a big buy, but when it does you can nearly double your money overnight. Such was the case with FCAU as it gained 7.61% today catapulting yesterdays 6/15/18 22 strike options 92%, 23 98.5% and 24 100%. The buying wasn't done today as bulls piled more Calls on the three aforementioned strikes. Options volume ran 14 times its 90 day average.
Big Option Volume Play of the Day - MANH
MANH options volume today ran 107 times its 90 day average, the largest I've seen that didn't involve only Spreads. Just like FCAU yesterday, investors kept gobbling up small 100 lots of the 1/19/18 & 2/16/18 55 Calls with shares ranging from $50-$51. The Jan were purchased between .15-.40 while Feb was between .60-$1.60. Break even for Jan ranges between $55.15-$55.40 while Feb between $55.60-$56.60.
Total Calls volume at the Jan strike was 2.13K while Feb was 10.4K. MANH reports earnings somewhere between the last week of Jan & first week of Feb so price needs to move quick so the Feb Calls can be sold as it won't have time to recover if it plunges. This would be a good play for those of you who's looking for at least a double in less than a month.
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lavapit315
47 posts
msg #140687
- Ignore lavapit315 |
1/6/2018 4:51:49 AM
Here are a couple to look at and express your opinions.
FDC - Just broke through resistance at $16.75
IPG - Lots of Calls being bought
Thanks
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15minofPham
170 posts
msg #140694
- Ignore 15minofPham |
1/6/2018 3:42:32 PM
I bought FDC a couple of weeks back when someone bought a big block of the monthly 17 Calls. It then faded & meandered sideways killing the premium. I almost gave up and sold it, but thank goodness I didn't as it had a beast of a day Friday. The daily chart is ugly in its choppiness, but the weekly is now about the 21 EMA & cloud so it appears for a run. To protect yourself from mayhem, I'd look at the Apr 17/18 for long term & Feb for short term since it reports earnings on 2/12.
IPG has been going sideways on the daily for about a month and I'd wait for a breakout first. It reports earnings in Feb too but looking at the options volume, it's so low that me personally I'd stay away.
HTH
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jsdd03
1 posts
msg #140699
- Ignore jsdd03 |
1/6/2018 7:45:06 PM
There is a page on Barchart.com under Unusual options and whiile they are also delayed, it tells you at what price the trade was. If its on the ask, you know its a buy; if its on the bid, its probably a sell. If in between then I do not know. You would have to wait for the reaction of the market to see what the stock does.
This guy also posts it for free.
https://stocktwits.com/SpeedyCalls
Good luck.
JM
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Eman93
4,750 posts
msg #140701
- Ignore Eman93 |
1/6/2018 10:22:31 PM
I like the stock dividend calendar on the marketchameilion, I will be paper trading the call method to try and capture the high dividends. Thanks for all the info here!
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15minofPham
170 posts
msg #140702
- Ignore 15minofPham |
1/6/2018 11:29:24 PM
@jsdd03 I don't see where on Barchart under Unusual Options where it tells what price the trade was at. I only see Last Price, not Buy Price. You can screen Bid, Mid, Ask on Market Chameleon so it's more accurate. I do follow Speedy Calls, but many times he doesn't tweet out a particular trade so I follow others along with double checking on MC.
An EXCELLENT tool to use on MC is the Order Sentiment link under Options on the menu on the left hand side. It gives you a pct of Calls on the Ask that doesn't take into account Spread trades. Example is FDC on Friday had 99% at the Ask on the Calls side, which is above its 30 day avg of 94%. I pay very close attention when the 30 day avg is above 90%, but yet that day's Calls on the Ask is still above it. That's confirmation that the stock is extremely bullish!
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lavapit315
47 posts
msg #140703
- Ignore lavapit315 |
1/7/2018 8:14:00 AM
@15minofPham
How about MU puts looks like they Sold 48C and Bought 48P. Chart also looks weak and if it goes to $46 that looks like a good entry point. Thoughts?
BTW, thanks for all your inputs. Hopefully this thread keeps going as I find it very interesting and profitable. A couple other threads pretty much died that I followed.
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15minofPham
170 posts
msg #140712
- Ignore 15minofPham |
1/7/2018 5:49:52 PM
It's interesting that investors think MU has hit its peak. Break even on the Puts is $44.55 which would bring it back down to the daily 8 EMA. I would certainly look into buying a Put if it goes .10 lower than 1/4 low of $45.01 There are a couple of small gaps to $43.67. Glad to hear you're liking the thread. I honestly thought no one was reading it.
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15minofPham
170 posts
msg #140755
- Ignore 15minofPham |
1/8/2018 10:16:37 PM
Big Option Play of the Day - RIG
RIG along with almost every energy stock, has been on fire. It has gone up almost non stop for the past two weeks and is threatening $12 for the first time since April 12. Weekly show it's imminent of breaking about the cloud and all signs point to the year of energy. But not so fast!
An investor thinks RIG will have a leak as they paid $662K for 24,527 of the 5/18/18 9 Puts for .27 when the underlying was at $11.62. This dwarfs the next premium play of $88.4K. Break even is $8.73 meaning RIG needs to fall from grace another breathtaking 26.4%. Seasonality show both Feb & Mar are extremely weak months over the past 5 years so this investor might think the pattern will occur again. If nothing else, they're banking for weak earnings at end of February. A good spot to piggyback on this play is if price breaks last week's low of $10.59.
I'm currently in the 2/16/18 11 Call for 201% gain so I'll sell at first sign of weakness.
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lavapit315
47 posts
msg #140763
- Ignore lavapit315 |
1/9/2018 8:56:50 AM
@15minofPham ok, now you brought up more questions. With RIG again it states "StoppedIM". I did email OPRA and received the same answer that it shows in the legend.
Why does this only shows up with QTYI also created a paper trading account with ThinkorSwim and it also shows option flow. This trade is no where to be found so now I'm confused. Any ideas?
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