Dear Undefined,
In a market as volatile and uncertain as this oneâ¦
There are very few things you can trust.
Forget about the analysts on Wall Street, the bloggers, and wannabe fintwit expertsâ¦
The only thing that you can really trust is the flow of money.
Supply Vs. Demand
The more demand the higher prices go...you know the game.
And thatâs exactly what my Dollar Ace Scanner attempts to pick up on AND does every single trading day.
I know because it was programmed to do so.
Yesterday we saw some heavy selling pressure in Nasdaq stocks, gold and silver.
However, if you followed the smart money, you could have made bank.
For example, within the first hour of the trading day, an option player came in and bought
1441 BHC Aug $18.5 Calls
For An Average Price Of $0.38
Paying A Total Premium Of $55K
Let me quickly tell you why I found this options action in BHC so fascinating yesterday:
-
Volume. On an average day BHC will trade almost 10K calls. On Tuesday more than 60K traded. Thatâs a jump of more than 606% in volume.
-
Trader paid above the ask. The trader paid above the highest asking price to make sure they got filled on their entire 1441 contract order. To me that is SUPER aggressive.
-
Out-the-money options purchased. The trader needs fast action to profit or these options will go to zero if the stock doesnât move higher by the expiration date.
-
No catalyst on the horizon. BHC just had earnings. So this bullish options action comes days after those results came in.
And while the stock did trade down on the day, those $18.5 calls did double at one point yesterday, trading as high as $0.73.
They settled yesterday at $0.33 per contract.
Over 31K contracts traded, so pay attention to the open interest. If the open interest remains above 10K, I would keep this on my radar.
Remember to keep your eyes peeled on that open interest number.
How do I find opportunities like this?
Simple.
I use a proprietary scanner which was produced by a team of quants in NYC whose firm just got acquired by the Chicago Board Options Exchange.
But before I tell you how you can get your hands on it too.
I want you to do me a solid.
[I want you to check out this strategy guide I wrote.](
[It outlines how I make money utilizing the Dollar Ace Scanner.](
Whatâs the point in me trying to give you the scanner if you donât believe in the strategy⦠right?
Exactly.
Check this guide out, see for yourself how the strategy works, and why it delivers some of the most explosive profits youâll ever see.
[Strap up, itâs game time.](
Kyle Dennis
[Special](
RagingBull, LLC
62 Calef Hwy. #233, Lee, NH 03861
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