Today’s big money flow is mostly bearish… 

Here are four names I am watching with big money moves:

  1. Nikola Corp (NASDAQ:NKLA)

Big paper has already taken massive profits on puts in NKLA.

They have already bought and sold puts and bought more into next week betting that NKLA is making another move lower. 

NKLA is currently trading at $5.66.

I’d look for cheap puts here. 

  1. ChargePoint Holdings Inc (NYSE:CHPT)

A big money buyer sold a put spread and I am seeing more put buying into next week. 

But bets are mixed here, because I am also seeing a few call buyers here too.

This one is more of a wait-and-see.

  1. iShares Global Clean Energy ETF (NASDAQ:ICLN)

Big money is betting on ICLN going significantly lower over the next several days. 

All the paper here agrees that ICLN is going down. 

It is currently at $22.29 as I write this. 

I’d look for cheap puts in ICLN. 

  1. Clarus Corp (NASDAQ:CLAR)

CLAR is the one bright spot among a sea of gray. 

I’ve watched massive call volume for the past month up to the last few days. 

Many big money players have profited HUGE on call plays… taking money off the table then buying more calls – profit and press.

CLAR is now at $28.35 and will head even higher. 

While I was taking a look at these names during the Profit Takeover live show, I saw a great question about my big money flow analysis:

And we took a look at an example:

As a former floor trader, I learned to compare the market price with the exchange price to determine whether paper is buying or selling.

Watch the full replay here to hear the entire explanation. 

Today during the live Profit Revolution trading session, I’ll be checking out these names and more from my watchlist. 

Learn how you can join us for our next show at 2:15 p.m. (ET) TODAY.

Hope to see you there.

Until next time,

Mark Sebastian


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