In Monday’s Blitz Daily with Lance Ippolito, we take a look at Apple as unusual options activity is again on the rise during the market’s sell-off.
The selling pressure continues to drag the markets down on the edge of bear territory, but the bulls are showing signs of life, taking aim at select stocks trading at multi-month lows.
That’s exactly what we saw Monday with tech titan Apple. The stock has taken a 20% haircut since markets began to sell off in April, and institutional buyers came in Monday looking for a bounce in the share price.
The Blitz Tracker spotted one buyer sweeping up about 4,500 contracts of the July 15 expiration $145 strike calls for more than $4.2 million in premium — a HUGE bet!
Of course, that’s not the only stock hitting the tape Monday. Check out these top trades…
It doesn't require any complicated software… r chart pattern memorization…
At my Insider Secrets Training Course, I’ll give my criteria for setting up a rock-solid trade idea, and walk everyone through the process step by step!
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "We Just Spotted a $4.2M Bullish Bet in This Top Tech Stock"
Post a Comment