Hey, it's Brandon.
15,000 QQQ call options in one block at the 645 strike for June. Following 24,000 the session before at 655. That's institutional money positioning for a major tech recovery by summer and it didn't show up in any standard indicator.
That was just one of the signals the Block Hunter Surveillance Console flagged this week.
There was also:
- 7,250 call options bought in a single trade on Delta Airlines at the $80 strike for June. Institutional money making a directional bet, not a retail trader.
- Three separate blocks of roughly 5,000 calls each on Intel at the 50, 52, and 55 strikes. A staggered institutional buildup in a name that stands to benefit directly from constrained chip supply overseas.
- An LNG thesis that's been building for weeks. Already producing a 70%+ gain on one name and a 2% move overnight on another.
- A live dead zone trade on QQQ filled at $0.60 with a $1.00 target. Walked through and executed in real time.
Yesterday I walked through the process behind all of it. The console. The signal. Why traders who understand this read the market in a completely different way than everyone else.
The replay is up now. It won't be available for long.
Watch the Block Hunter session replay here.
Brandon Chapman, CMT TheoTRADE
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