When it comes to tape reading you never know if it is a hedge. BUT I'll take a shot - 1. march $34 puts 5,974+ (fairly simple/volume in those $34 puts) 2. 900 april $19 calls bought at 1.00 ($100 each) someone bought 90k of the april 19 calls - according to the post. 3. 500X above average/normal action in the march 144 calls 4. and this is self explanatory...
good luck bud. following the "smart money" is tough business. You need more then this to make an informed decision or we would all be millionaires.
Not going to deny tape reading is an important tool of day trading, but 1 of a 100 tools needed, to make an informed decision. MAKE THAT $$$$$
Quote Originally Posted by azimm11:
Trying to familiarize myself with the logo so I can follow what is going on. Here are some of the posts I'm referring to:
When it comes to tape reading you never know if it is a hedge. BUT I'll take a shot - 1. march $34 puts 5,974+ (fairly simple/volume in those $34 puts) 2. 900 april $19 calls bought at 1.00 ($100 each) someone bought 90k of the april 19 calls - according to the post. 3. 500X above average/normal action in the march 144 calls 4. and this is self explanatory...
good luck bud. following the "smart money" is tough business. You need more then this to make an informed decision or we would all be millionaires.
Not going to deny tape reading is an important tool of day trading, but 1 of a 100 tools needed, to make an informed decision. MAKE THAT $$$$$
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