My trading day was over just 9 minutes after the opening bell on Wednesday…
You’re probably wondering how, and this chart says it all — look at this early morning move in DataDog…
- Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
At 9:34 a.m. ET, a trader came in and bought some weekly calls for around $2.30 a contract…
And within 4 minutes, those calls shot over $3.75.
So just like that, a gain over 60%* after the stock ripped more than $3 a share — boom, the day is done. That’s why I have my institutional order flow scanner, which you can check out here!
Video Highlights:
- 📈 A trader bought weekly calls DataDog, shares popped $3 within minutes, leading to a huge gain.
- 📊 The institutional order flow scanner helped identify this trading opportunity.
- 🔍 I made valuable notes on DataDog throughout the morning, providing valuable information for future reference.
Wednesday’s Top Order Flow:
- DataDog Inc. (Nasdaq: DDOG): June 30, $97 CALL.
- Coinbase Global Inc. (Nasdaq: COIN): July 7, $75 CALL.
- Alibaba Group Holding – ADR (NYSE: BABA): July 7, $85 CALL.
- And more!
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. Trade at your own risk.
P.S. 1 Chart Can Sum Up 2023’s Market — It’s Not What You Think
I thought you’d find this chart interesting. At first it looks a little weird.
But really…
It’s just showing how the top 20 stocks in the S&P 500 account for almost all of 2023’s gains…
But just for a second, take notice of the stocks listed in that top 20…
You see names like MSFT, NVDA, AMD Google.
If you think about what’s going on…
Nothing has really changed on a technical or fundamental level with these companies.
So, why are they up so much compared to everyone else?
Based on what my research says, it’s because of headline news.