Dump And Pump Option Signals


Manage episode 152573509 series 1063725
Por Joshua Belanger descubierto por Player FM y nuestra comunidad - los derechos de autor son propiedad de la editorial, no de Player FM, y el audio se transmite directamente desde sus servidores. Presiona el botón de suscripción para rastrear cambios en Player FM o pega el URL del feed en otras aplicaciones de podcast.
I was sitting at my computer yesterday morning reviewing my positions. It was about 8:50 CST when all of a sudden, I got a ping from… Mr Prop. Who's Mr Prop? He's one of my institutional connections who works on a trading desk in New York. I have something very special to announce about Mr Prop, which I will share with you in a few seconds, but he told me about this unusual options trade, which hit the tape seconds before. He said, a buyer of 516 TLRD May 2016 14 strike puts bought at 80 cents. For most, they would have no idea what this means or why it's meaningful, however, I know what he's telling me, there's some sizzle. So I quickly typed in the ticker symbol to check it out. I quickly looked at the order flow and noticed that there's been a buyer of puts right at the start of the open. For this stock, this is unusual because on a good day it only trades a few hundred contracts and already 30 minutes into the trading session; the volume has started to exceed the average daily volume. The stock at that time was trading around $13.04. Fast forward a few hours to 12:05 CST, all of a sudden shares spike lower hitting a low of $12.34. They did rebound quickly but ended the day down $1.12 or 7.91%. Those May 14 puts closed at $1.10 per contract and had hit a high of $3.60 where ten contracts traded on that quick spike lower. What had happened is this firm named Citron Research said they have taken a short position in the company and may look to issue their findings next week. This firm is notorious for this kind of non-sense. In fact, Mr Prop has picked up on their tracks with buying options ahead of a press release that has moved the underlying previously 5 times this year. That is why it always comes back to the importance of knowing about this type of order flow and having the opportunity take advantage of it. Now for the news about Mr Prop. As many of you know, I stopped providing a service a few years ago. Before I stopped, it was ranked top 10. I stopped because it took too much of my time. However, over the years, many had asked about a service that provides trade ideas from unusual options activity. I've been in talking with Mr Prop for a few months and we are actually in the process of finalizing a service. The service will provide trade ideas from unusual options activity he spots and my exact way to trade it, which will give you the best probability of success. Now, this isn't the holy grail and a complete approach to trading options. It's speculative and should only be a small piece of your trading plan, but it's exciting when you get involved. The reason we can't name Mr Prop is that he works on the institutional side and revealing his name could cause a huge issue. I rather keep him under wraps and utilize the inside information he receives on the desk that can help you gain a little more of an edge. We plan to announce the start of the service in the new two weeks. In the meantime, I'm going to release the Hot Money Options Trading Course next week. Keep on eye out tomorrow for a special link to purchase at a discounted amount. To your wealth, freedom and options! Joshua Belanger

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