[RagingBull Elite](
A few days ago, Kyle Dennis sent an important email highlighting some jaw-dropping options action he saw in Beyond Meat (BYND).
At the time, the stock was trading at $84.96 per share, itâs now trading at $108.78.
And while the stock has risen by 28% ⦠Kyle believes you could have made a whole lot more if you followed the money trail.
If you didnât get his message, hereâs what Kyle wrote:
4/22/20: Today I want to talk to you about some wild trades I saw in Beyond Meat (BYND), a company that makes plant-based food products (aka fake meat).
While the world around us was going to hell on Tuesday, massive buyers came in to buy call options in BYND.
On an average day, weâll see about 30.7K call options on the symbol trade.
However, on Tuesday I saw over 97,000 calls trade.
Thatâs 3.3 times the usual options volume.
So what exactly is that I saw that got my attention?
At around 10 AM in the morning one trader came in and bought 435 BYND Jul20 150 calls for $2.16 per contract.
It cost them a cool $112K to slap that trade on.
Now at the time of the trade, BYND was trading at $91.41. (it closed at $84.96 on Tues)
That means for this trader to make money
THEY WOULD NEED THE STOCK TO RALLY
BY MORE THAN 66%
JUST TO BREAK EVEN AT EXPIRATION
Whenever I see longshot bets like this I always think the trader might know something.
After all, the 2020 high for BYND is about $135 per share.
In other words, not only does this trader believe BYND will rally, but they also believe it will surpass its 2020 highs.
Now, letâs fast-forward to the present to see how this trader is doing.
Remember, they purchased 435 BYND Jul 20 150 calls for $2.16 per contract.
Guess what those were worth on Friday?
$6.20 per contract!
That $112K position is now worth a whopping $269,700!
A return of 194% in just two days
Thatâs the power of following smart money traders.
According to Kyle, you donât have to know what the company is doing or why informed traders are getting inâ¦
You Just Have To Pick Up On Their Tells
And thatâs exactly what Kyle teaches people how to do in his [Dollar Ace Masterclass.](
If you havenât taken the class yet, then shame on you.
Because youâre missing out on some of the most explosive trading opportunities in the market.
Donât think for a second this is a one-off.
Institutional investors are putting money to work in the strangest ways.
[Kyle will teach you how to pick them off.](
[And profit alongside them.](
No experience is necessary to have success with the strategy and since it utilizes optionsâitâs small account friendly.
Donât believe me?
[Take the class and see it for yourself.](
[You wonât be disappointed.](
By the way, on Friday, BYND saw a 533% increase from its average call volume, with more than 163K trades.
Iâll keep you posted on any more activity that Kyle sees in the name or anything else he finds compelling.
[In the meantime, join Kyle for his masterclass.](
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