Hey, Ross here:
Yesterday, I talked about how “unusual” options activity can pinpoint big stock moves.
Today, I want to show you.
It may enrage you at how unfair it all is.
So before you read it, just remember…
We must play the cards we are dealt.
Chart of the Day
One week ago, on Friday afternoon May 8…
The Wall Street Journal reported that Apple and Intel had reached a preliminary agreement to work together on chips for Apple devices.
Intel stock shot up as much as 16% that same day, an absolutely massive intraday move.
But that same morning – hours before the WSJ broke the story…
Someone opened a huge $442,000 call option position on Intel. I’ve circled it in red on the chart below.
That person bought the options at $0.74 each.
By the end of the day, they were worth over $4.80 – a 548% gain…
Turning his $442,000 position into $2.86 million dollars.
Did this mysterious options trader know that the WSJ would be breaking its Apple and Intel story later that afternoon?
Could he have under-the-table connections with any WSJ staff – or maybe even those at Apple or Intel?
We will likely never know.
And yes, it can all seem so unfair.
But as I explain below…
There’s always a way we can use this unfairness to our advantage.
Insight of the Day
Because call options can go to zero, large “unusual” buys carry a lot more weight.
Most stocks – even “bad” ones – will never go to zero.
But options can and often do expire worthless.
That trader above?
If Intel stock had stayed flat or even dipped slightly…
That entire $442,000 call option position would have gone to ZERO in just a few days.
Poof – just like that.
And that’s why “unusual” call options buying is such a powerful signal.
Because if they’re wrong – their position can go to zero.
Of course, not every large call options buy is a signal.
There are lots of gamblers out there using call options based on nothing but blind hope.
But over the years, I’ve developed a system for identifying “unusual” call options buying…
And most importantly, separating the signal from the noise.
And later this morning at 11 a.m. Eastern…
I’m going LIVE to walk you through this exact system…
So you can turn the unfairness of the market to your advantage.
We’re expecting a packed room…
So click here to lock in your free spot if you haven’t already…
And I’ll see you in just a bit at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, make sure you download the presentation app now so you don’t miss anything when it starts. See you there.
iOS: https://apps.apple.com/us/app/goto/id1465614785
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Editor, Stock Surge Daily
