5 Trades to Dig Into

Five Interesting Trades to Look at ------------------------------------------------------ [The Options Trading Newsletter]( [Facebook Icon]( [X Icon]( [Instagram Icon]( [Website Icon]( [LinkedIn Icon]( Hi , Here's Today's 5: XLI – There’s big action in the Industrial ETF. Someone is rolling a large Short Put Spread and Long Call Spread position from December 29th to January 12th. They are ending up with 37,500 XLI January 12th $111-$116 Call Spreads for $1.00 and selling 50,000 $101-$106 Put Spread at $0.34 to finance the trade. You must respect that ‘V’ formation on the chart. A breakthrough the high can get it moving toward $120-$125. UBER – UBER continues to run. Someone is rolling 11,400 UBER December 15th $52.50 Calls at $10.06 into 12,500 (x14,200) UBER February 16th $65 -$70 Ratio Call Spreads for ~$1.06 with stock $62.51. They took a lot of money off the table here after this big run and left a $5 Call spread for only a $1. That’s a nice shift a risk-reward there. They will likely be a buyer of stock lower. I continue to think UBER has a good chance to be the next big tech name but find it difficult to believe it will never see the $50s again. LYFT – As UBER takes off, eyes are shifting toward LYFT. Last month we saw that huge LYFT Call buyer work their way into the January 19th $15 Calls... 70,000 times over 2 days. Today, over 20,000 LYFT December 15th$15 Calls are trading in anticipation of more momentum. The stock is trying to fill this gap up at $16.25 from February. There should be support at $13. SNAP – Wells Fargo upgraded SNAP today and raised their Price Target to $22 from $8. SNAP is trading well, up a quick 60% in 6 weeks. Someone buys 5,000 SNAP April 24th $14 & $15 Calls for $3.20 and $2.67 with stock around $15.75. The RR$ prices are $19.55 and $20.25, respectively. The chart indicates that $16.50 offers some resistance. However, if it gets through that there’s another gap to be filled up at $22.50. Earnings are on February 8th. The decision to buy April and not just earnings indicates this may be someone looking to switch some stock with options after this big move. PENN – Penn Entertainment continues to attract Call buyers after the ESPN announcement. This morning right out of the gate buyers appeared in this week’s December 15th $25.50 and $26 Calls for $0.25-$0.35. Earnings are not due until mid-February. Watch that $23 level as there appears to be good support there. Yours Truly, Felix [How to Buy Puts]( How to Buy Puts Check out every ETF Put we bought over the last 2 years. The results are eye-popping with 49% reaching triple-digit returns. [Learn More]( [Image]( 6 Ways Options Market Makers Take Your Money The easiest way to help you is to show you how and where you are losing money. #6 is Shocking! [Learn More]( [Image]( What is IV Crush & How the Top 1% Avoid It Anyone looking to buy options must understand IV Crush, so you can learn how to avoid it. [Learn More]( [Image]( Why the Greeks Don't Matter Voted Top Presentation at the Benzinga Conference. What the industry doesn't want you to know. [Watch Now]( [Image](optionsgeek.com/top-1-club-members-area/options-trading-quiz-beginners/) So, You Think You Know Options? Prove it. The available Options Education is inadequate. This simple task will show you the extent of it. [Accept the Challenge]( [Image]( Interview With A Real Options Expert Get an inside look at Options Trading at a Top Investment Bank & a Multi-Billion $ Hedge Fund. [Watch Now]( Support OptionsGeek Today ... Check This Out! [Winning Picks Book - 145 Trade Ideas]( OTHER AREAS TO EXPLORE [3 Steps to Profit]( [Winning Picks Premium]( [The New Options Chain]( [1-on-1 Coaching]( DISCLAIMER Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options involve risks and are not suitable for everyone. Prior to buying or selling options, an investor must receive a copy of Characteristics and Risks of Standardized Options. Copies may be obtained by contacting your broker, [The Options Industry Council]( at One North Wacker Drive, Chicago, IL 60606. Felix Frey and OptionsGeek, LLC. are not registered as an investment adviser nor a broker/dealer with either the U.S. Securities and Exchange Commission or any state securities regulatory authority. All users of this Content and/or website must determine for themselves what specific investments to make or not to make and are urged to consult with their own independent financial advisors with respect to any investment decision. The viewer 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, analysis and information included on this Content and website are based on sources believed to be reliable and written or produced 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, Felix Frey and OptionsGeek, LLC. undertake no responsibility to notify such opinions, analysis or information or to keep such opinions, analysis, or information current. Also be aware that owners, employees, writers, or producers of and for OptionsGeek, LLC. may have long or short positions in securities that may be discussed on this Content or website. Past results are not indicative of future profits. Felix Frey and OptionsGeek, LLC.and the principals and/or employees of OptionsGeek, LLC. may hold securities of companies mentioned on the Content. Neither Felix Frey nor OptionsGeek, LLC. is receiving any compensation from any company referenced in the Content. Click to [Unsubscribe]( 244 Fifth Avenue Suite F236 New York NY 10001 USA [Unsubscribe]( | [Change Subscriber Options](