mahkoh
1,065 posts
msg #140238
- Ignore mahkoh |
12/19/2017 4:33:12 PM
LVS goes ex-div tomorrow.
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15minoffame
131 posts
msg #140240
- Ignore 15minoffame |
12/19/2017 5:23:39 PM
@lavapit315
HLF, looks like that Spread was sold. Daily chart looks choppy, but 80 strike is resistance area.
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15minoffame
131 posts
msg #140242
- Ignore 15minoffame |
12/19/2017 7:58:18 PM
@mahkoh
Break even on the CME 6/15/18 140 Puts is $134.40 which on the weekly chart is Oct support and monthly is 8 EMA. Interesting on this very aggressive trade.
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15minoffame
131 posts
msg #140243
- Ignore 15minoffame |
12/19/2017 10:34:14 PM
Big Option Volume Trade of the Day!
It's horrible for your arteries, but one of my favorite burgers is the Baconator at Wendy's. Someone thought the same as they spent $114,375 when they bought 4575 of the 1/19/18 17 Calls for .25. This "big" buy followed a much bigger buy last month of 10,000 2/14/18 14 Calls for $1.10. Today's relative volume to its 90-day average was 8.21 so this should give a hint of what is coming down the pipeline.
Break even is 17.25 which is 6.71% away from today's close of $16.40. It broke resistance today and weekly MACD is having a bullish cross over so the momentum is clearly up. The question is can it run this much in a month's time?
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mahkoh
1,065 posts
msg #140245
- Ignore mahkoh |
12/20/2017 4:27:51 AM
MU up 5% after earnings, those call buyers were right.
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lavapit315
47 posts
msg #140271
- Ignore lavapit315
modified |
12/20/2017 5:20:29 PM
LOW just keeps going. Looks like another big buy today too.
What's up with AGN? Bullish or bearish?
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shillllihs
6,101 posts
msg #140272
- Ignore shillllihs |
12/20/2017 6:24:57 PM
This is the only entertaining thread out here. My knowledge on options is limited but growing slowly.
Some questions are, what do you estimate the odds are of chasing one of these whales?
How long before expiration would you bail?
What are you assuming to make, 50-150%? 3 and 4 baggers don't seem likely right?
Should I be placing limit orders to get a better price?
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15minoffame
131 posts
msg #140276
- Ignore 15minoffame |
12/20/2017 10:36:11 PM
lavapit315
15 posts
msg #140271
- Remove message
modified 12/20/2017 5:20:29 PM
LOW just keeps going. Looks like another big buy today too.
What's up with AGN? Bullish or bearish?
I'm not too versed on Butterfly or Iron Condor so I'm not sure.
shillllihs
3,557 posts
msg #140272
- Remove message 12/20/2017 6:24:57 PM
This is the only entertaining thread out here. My knowledge on options is limited but growing slowly. Thanks Shillllihs!
Some questions are, what do you estimate the odds are of chasing one of these whales? A premium bet of over $1-5 million is 80% accuracy. Over $5 million is above 90.
How long before expiration would you bail? It depends on your risk appetite. I go for 100% when it's 3 or more months out.
What are you assuming to make, 50-150%? 3 and 4 baggers don't seem likely right? A 3-4 bagger is possible when there's a feeding frenzy or having enough time out.
Should I be placing limit orders to get a better price? I ALWAYS place a limit order, many times below the bid because EVERY stock has an intraday pullback.
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15minoffame
131 posts
msg #140278
- Ignore 15minoffame |
12/20/2017 10:53:18 PM
Big Option Play of the Day!
Two days ago I mentioned a nearly $11 million buy of the LOW 7/20/18 80 Calls for $10.80. The option closed today at $13, a 20% gain in only two days. Not content with this massive buy, today saw even a bigger buy! This time it's $12.2 million! Not sure if it's the same investor but this buy was for the same 7/20/18 80 Calls for $12.20.
I don't remember the last time I saw two $10 million buys in the same week in a non tech stock. This is truly almost unheard of. Break even is $92.20. LOW closed at $90.19 so it's almost already in the money. The monthly chart looks tasty. It's breaking out and just had a bullish MACD X-Over. The last such cross over in Oct 2014 saw the price move from $57.20 to a high of $76.25, a gargantuan 33.3% return! Trust me when I tell you this is the nearest certain profit trades you're ever going to see. Big boys and girls will not allow themselves to lose on one $10 million bet, much less two!!!
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shillllihs
6,101 posts
msg #140282
- Ignore shillllihs |
12/21/2017 1:17:27 AM
Hey thanx 15.
So tell me, what kind of games do they play to insure their results, and they must have some kind insider info right?
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