Trading has been hot over the past few weeks and I can’t get enough. I just got the results back from our outside accounting team and the results are fire — take a look for yourself — and with trading picking up Tuesday I’m excited to jump deep into the top order flow.
First up we have materials behemoth Freeport-McMoRan making waves with some long-dated calls blowing up the tape with nearly 15,000 contracts trading! And that’s just the beginning, we also have Marriott making waves with a hefty $220,000 of in-the-money weekly put activity.
For the degenerates who are looking for something more high tech to trade, then turn your sights to Riot Blockchain with shares up more than 3% on the day and saw institutional buyers scoop up nearly 2,000 contracts an hour into the open!
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- Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
I don’t want to give away too much, but trust me when I say that this video is a goldmine of knowledge for any trader or looking for that competitive edge!
With the volatility in the markets, these trades move fast, so check out the full video now and don’t let these opportunity slip through your fingers!
Video Highlights:
💼 Spotting interesting activity in Freeport-McMoRan long-dated 44 strike calls, slightly out of the money
💰 Significant put activity noticed in Marriott with a quarter million in-the-money weekly $195 puts
💡 Reflecting on previous trades in Coinbase, Marriott, and a profitable call spread in Riot Blockchain
💭 Sharing insights on a peculiar bet in Fisker with end-of-July eight calls, which I cautiously day traded due to EV stock volatility
Thursday’s Top Order Flow:
- Freeport-McMoRan Inc. (NYSE: FCX): February 2024, $44 CALL.
- Marriott International Inc. (Nasdaq: MAR): July 14, $195 PUT.
- Riot Platforms Inc. (Nasdaq: RIOT): July 14, $16 CALL.
- And more!
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
P.S. Mark your calendars because I want to see you Thursday during our free trading session…
I’ve recently uncovered a new type of signal to look for on the scanner…
It’s a signal we’ve noticed pop up repeatedly during this most recent earnings season…
And in the last couple weeks it has preceded some massive moves…
One of the most notable was on Nvidia…
And this new scanner signal flashed at 3:55 pm…
And by the next day… Nvidia’s stock surged by $100…
So, if you’re coming on Thursday, you’ll get the inside scoop on what this new scanner signal is and how to trade it…
I think it’s going to be a killer signal to trade in the next couple weeks
The profits and performance shown are not based on any sort of typicality, they were real scanner signals that various members traded. We make no future earnings claims, and you may lose money.
