Smart Money: Over 120k Contracts on One Day
Dear Profit Takeover reader,
The market is quiet today – but that doesn’t mean trading should be…
When the market doesn’t move much, and volatility dips, it’s a great time to trade.
These quiet moments are perfect for opening trades, so that later, when volatility spikes – then you can take off profit.
These names on my watchlist take advantage of this phenomenon:
Energy is one of my favorite sectors to trade…
- Energy Select Sector SPDR Fund (NYSEARCA:XLE)
USO is up, but the majority of oil names are soft today.
As I write this, XLE is trading at $75.27…
Image from wallstreet.io
This is a great opportunity to find cheap calls in XLE while the implied volatility – IV (RED LINE) is low.
- CVS Health Corp (NYSE:CVS)
Insider big-money bought a massive volume of calls in CVS yesterday ahead of earnings… and no-shocker, the company “surprised” on a big win and a full-year guidance update. EPS were up 10.10% over Q3.
CVS is currently trading at $100.22… and likely rising –
Image from wallstreet.io
I’d look for a way to piggyback these big money long positions.
- Ford Motor Co. (NYSE:F)…
I saw massive money flow on Monday, when over 121,566 contracts traded on Ford Motor Co. (NYSE:F)…
And F is still busting higher…
As I write this, F is at $15.68 and might be making a run at $20 a share again.
Image from wallstreet.io
F has a lot of momentum so we piggybacked this big money move on Monday in the Inside Money Trader room…
And already exited half of the trade at 50% profit.
Join now, so you can get the next SMART big money copycat play on Thursday.
Or call Gabe and his team at: 877-848-3418 to find out more.
Until next time,
Mark Sebastian
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August 03 2022
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