Taking Block Trades Print to Position
By Brandon Chapman, CMT
Hey trader,
Every trader can pull up a chart and see that AAL is sitting on support.
However, the options flow tells you something the chart cannot.
Institutional money is positioning for a move higher with defined timing, and the short interest stacked behind the stock amplifies every dollar of upside.
The Block Hunter Console flagged 10,000 call contracts bought in a single print on AAL today.
The strike is $12 for April 2nd expiration.
Additional sweep activity confirmed the direction across multiple strikes.
I'm going to use this print to walk through the full process.
We'll learn how to spot the idea, read the flow for confirmation, and build a trade around the levels that matter.
Click Here to Continue reading.
Seeing a big print is the easy part. Knowing what to do with it is the skill.
The Block Hunter Console gives you four data points on every institutional trade: symbol, direction, target, and timeframe. Turning those into an actual position requires a process.
That process is what separates watching flow from profiting from it.
The Console lit up opportunities on KSS (375% in 13 days), PLUG (206% in 5 days), and VFC (100% in just 24 hours).
See the Console in action and learn how institutional flow detection works.
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.
0 Response to "Taking Block Trades Print to Position"
Post a Comment