While markets were a little quiet yesterday, I was able to profit from trading secrets which financial professionals don’t want you to know about…
The Nasdaq notched a new all time high yesterday… while a Wall Street option player took a $330,000 bet against this stock market behemoth.
Do they know something we don’t?
|Ticker Code||Ticker Name||Ticker Industry||Price Change||Average Volume (50)*|
|SHIP||Seanergy Maritime Holdings Corp.||Marine Shipping||50.00%||91,204,300|
|TTNP||Titan Pharmaceuticals, Inc. common stock||Biotechnology||-9.09%||14,785,359|
|BEP||Brookfield Renewable Partners LP||Utilities – Renewable||2.18%||478,794|
|AAPL||Apple Inc.||Consumer Electronics||12.06%||34,319,029|
|TXMD||TherapeuticsMD Inc||Drug Manufacturers – Specialty & Generic||9.68%||5,366,488|
|KTOV||KITOV PHARMA LT/S ADR||Biotechnology||42.68%||22,314,019|
|HTZ||Hertz Global Holdings Inc||Rental & Leasing Services||-20.97%||118,259,417|
|NEE||NextEra Energy Inc||Utilities – Regulated Electric||-3.57%||2,399,830|
|DAL||Delta Air Lines, Inc.||Airlines||-9.24%||64,870,775|
|CSIQ||Canadian Solar Inc.||Solar||-4.34%||964,652|
|COST||Costco Wholesale Corporation||Discount Stores||-3.14%||3,154,724|
|EOLS||Evolus Inc||Drug Manufacturers – Specialty & Generic||13.61%||1,336,210|
|CHK||Chesapeake Energy Corporation||Oil & Gas E&P||-14.60%||3,700,492|
|DIS||Walt Disney Co||Entertainment||-6.09%||17,435,998|
|MARK||Remark Holdings, Inc.||Internet Content & Information||-31.00%||34,740,525|
|HSITF||Hadasit Bio Holding Ltd.||Biological products, except diagnostic||0.00%||29|
|FREQ||Frequency Therapeutics Inc||Biotechnology||17.49%||264,583|
While futures are slightly in the red as I’m typing, I’m still scouring stock market opportunities which financial professionals are analyzing as well…
You may have heard by now; Apple (NYSE: AAPL) recently fired Intel as its chip-maker. My initial reaction to this news was “Apple is a smart company, I’m sure they’re capable of making their own chips, and cutting out Intel reduces their overhead… not a bad move on their part.”
Neither Apple or Intel witnessed changes in their stock prices as a result of Apple’s announcement. This tells me that this news was priced into markets ahead of Apple’s announcement.
While Apple removing a “middle-man” may seem like a bullish catalyst for the stock itself… yesterday an option player came in and bought $330k worth of June 26 365 Puts… in one single purchase.
What does this mean? Not only does that option player need Apple’s stock to go down, but given the fact these options expire on Friday, they need it to go down FAST!
Financial professionals and institutional traders might know something we don’t. Will Apple’s chips fail? Is Barrons’ infamous prediction of a tech-bubble beginning to play out?
Time will tell and I’m sure we will find out, but to be honest, I don’t really care right now. I just want to make some money trading AAPL myself and maybe help you do the same.
Here’s how I’ll go about taking a potential shot at AAPL in the hours or days ahead…
AAPL currently has short-term support at $359.46. If AAPL pulls back and markets do as well, then I’ll consider joining the $330k option player who bet against AAPL yesterday and look to make some money to the downside as well.
If markets bounce and AAPL does as well, I’ll simply wait for a potential bullish trading setup to come to me, and consider making a bullish move myself.
Disclaimer: This is not investment advice. This article is for information purposes only and opinion-based on financial advisor data across a selection of websites. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions.