Options Flow – Friday 8/3/2018

August 5, 2018 0 Comments

The SPX barely held 2800 Friday. Just barely. You know big money wanted it above that key level. We did a day trade and sold the 2800/2790 SPX PUT SPREAD and collected 190. I bought it back for a 50% win, but had I held it would have expired worthless. But who wants the stress of holding through that pullback. We did so a quick in and out SPX call trade in the 100k Trading Challenge.

The following are some unusual option flow we saw:

OPTIONS ALERTS – 8/3/2018

$PBR – Decent call volume. AUG $13 calls hit.
$NLSN – 3X daily call volume as shares dip.
$AXTA – 1.2X expected number of calls hit Friday.
$GPRO – Put spreads in play as stock jumped after ER.
$JBLU – Calls active as shares climb.
$KRE – Bullish option plays on regional banks.
$PCG – AUG $46 and $45 most active calls.
$ELY – 5X daily volume various strikes in AUG calls.
$PGNX – 6X expected number of calls traded Friday.
$NRG – Bullish call spreads.
$MDR – Bearish flow detected Friday. 2X number of PUTS.
$OMF – Bullish options flow after ER.
$BBBY – Decent size block at certain strike hit. CALLS
$MYL – Bullish spread ahead of earnings next week.
$FTI – AUG $32 and $33 CALLS hit the tape on friday.
$UAA – CALLS lead PUTS more than 2:1 Active trading.
$IBM – Bullish options flow detected. 5X number of calls.
$TSRO – CALL buyers and PUT sellers after ER.
$AAOI – bearish flow. 3X expected number of PUTS.
$JNJ – PUT sellers struck hard on Friday.
$SHAK – AUG $55 PUTS hit the exchanges Friday.
$ATVI – Bullish call spread opened.

STOCKS THAT HAVE MY INTEREST INTO NEXT WEEK (TRADES POSSIBLE): SNAP PBR GPRO IBM SHAK

If you are a member of the Private Trading Group you can expect a trade on several of these stocks next week. One of the criteria that we use for entering a trade on a stock is that we need to see options flow that matches our bias based on technical charts. A recent win we had was DHI calls. Held overnight for a 50% win.

Please make sure you are following my Options Flow Feed (free) by clicking here.

Enter you email address in the box below to get notified of new unusual options activity that I see. I do not sell my email list to any outside companies. I hate spam as much as you do. really. I do.

 

>>> CLICK HERE TO GET ACCESS TO MY REAL TIME TRADE ALERTS <<<

 

Filed in: Options Flow • Tags:

Leave a Reply