If you know what was rocketing higher Wednesday morning, then you know I’m talking about Palantir, which saw some big call buying right after the open!
Big-money traders were hitting the November and January monthly calls that were waaay out of the money for some big gains before the stock and market sold off.
Check out all these buy signals from my Master Indicator during this fantastic move…
I’m being super selective because the market is a little extended to the upside, in my opinion. Case in point, we saw a big sell-off after the big pop this morning.
But the short-term and especially day trades have been on 🔥!
Check out today’s video for these highlights:
- 💸 Palantir sees an influx of option flow, with calls being heavily traded.
- 💰 Western Alliance weekly calls are also seeing some activity.
- 📈 Analog Devices has notable option activity with July calls.
TODAY’S TOP FLOW:
- Palantir Technologies Inc. (NYSE: PLTR): November $24 CALL; January $21 CALL.
- Western Alliance Bancorp. (NYSE: WAL): June 9, $41 CALL..
- Analog Devices Inc. (Nasdaq: ADI): July $195 CALL.
Note: If there’s no date listed, it’s the monthly option expiration, which falls on the third Friday.
P.S. Get My No. 1 Accelerator Stock for June at NO CHARGE
Did you attend my event Tuesday, when I gave away my No. 1 Accelerator Stock for June?
If not… shame on you!
I kid, I kid, of course… If there’s one thing that’s certain about the stock market, it’s that there will ALWAYS be more opportunities and more trades.
So if you went long on this stock with some call options after Tuesday’s event and booked those gains on the pop, you likely raked in a pile of cash…
You’re welcome!
Wednesday afternoon’s pullback may offer a great entry point, so it’s not too late… Because I see this stock rising from around $15 at the start of the month to around $20 or so by the end — a 30% spike!
Rarely do I label anything an “Ultimate Buy,” and a lot of technical and fundamental factors need to line up for that bell to go off…
And for the first time this year, it happened… Not only that, but I’ll also teach you how I came upon this opportunity — and what indicator I used to find it 👀!
