Was This Best Trade Of The Year?

Dear Undefined, Have you picked up on the latest trend in the stock market? It’s buying up zombie companies… More specifically, stocks that have announced bankruptcies… For example: Hertz (HTZ) is up over 521% over the last week since filing for bankruptcy… JCPenney (JCPNQ) announced its bankruptcy on May 15th… However, the stock soared by 95% yesterday... But let me tell you about one of the wildest trades I’ve seen in recent memory… And why it’s so critical you pay attention to what the smart money is doing… Rumors have been circulating that Chesapeake Energy (CHK) would be filing for bankruptcy… Less than a month ago an analyst firm CFRA, gave the stock a $0 price target. However, that didn’t stop one options player from slapping some serious size on CHK call options… On Wednesday, June 3rd They Bought 1000 CHK July $15 Calls for $2.11 Now, if you do the math… that’s more than $200K in options premium. At the time of the trade, the stock was trading at $12.91. Not only did this player believe CHK wasn’t going bankrupt... but they thought it was going to trade higher… Fast forward to Monday’s trading session… That $211K bet was worth more than $6M at one point during the day... And you know what? That’s not the only trade I’ve seen that’s popped off… In fact, I see a handful of them every single trading day… The key is tying the catalyst to the options activity. That’s why I’ve written [this brand new eBook.]( It explains how institutions and hedge funds use options to make big money… [And how you can shadow them.]( If you’re struggling to come up with your own trade ideas… [Then it’s a must read.]( [Grab your copy here.]( Kyle Dennis [Special]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Click Here to stop receiving emails from kyle@biotechbreakouts.com]( [Unsubscribe from all RagingBull emails]( Neither Kyle Dennis nor RagingBull.com, LLC (publisher of BiotechBreakouts) is registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. Users of this website are advised that all information presented on this website is solely for informational purposes, is not intended to be used as a personalized investment recommendation, and is not attuned to any specific portfolio or to any user's particular investment needs or objectives. The owners, employees and writers of RagingBull.com may engage in securities trading that is discussed or viewed on this website, but all such individuals are buying and selling such securities for their own account. These individuals do not engage in any trades with customers. The buying and selling of securities by these individuals is not part of a regular business of buying and selling securities. Past performance is NOT indicative of future results. Furthermore, such information is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All users of this website must determine for themselves what specific investments to make or not make and are urged to consult with their own independent financial advisors with respect to any investment decision. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. All opinions, analyses and information included on this website are based on sources believed to be reliable and written in good faith, but should be independently verified, and no representation or warranty of any kind, express or implied, is made, including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we undertake no responsibility to notify such opinions, analyses or information or to keep such opinions, analyses or information current. Also be aware that owners, employees and writers of and for RagingBull.com, LLC may have long or short positions in securities that may be discussed on this website or newsletter, but all such positions are held for such representative’s own account. Past results are not indicative of future profits. This table is accurate, though not every trade is represented. Profits and losses reported are actual figures from the portfolios Kyle Dennis manages on behalf of RagingBull.com, LLC. If you have a current active subscription with Biotech Breakouts you will need to contact us here if you want to cancel your subscription. Opting out of emails does not remove you from your service at BiotechBreakouts.com.