Ever wonder why Wall Street’s biggest players always make money?
Are they really that good, or are they playing the game with a pair of loaded dice?
To be honest, it doesn’t matter to me anymore…
You see, institutional investors love to disguise their positions via the options market.
But they aren’t getting anything by me. That’s because I use a proprietary options scanner that sniffs out there every single move.
I’m not kidding… it gives me a totally unfair advantage.
And best of all… it’s 100% legal!
Don’t believe me?
Check out this trade from the I can’t believe no one is going to jail department.
The other day I alerted Dollar Ace clients about a flurry of options activity in Fox Corporation (FOXA):
1516 FOXA Sep 6th 33.0 Calls $0.25 ASKSIDE
3300 FOXA Sep 6th 33.0 Calls $0.30 ASKSIDE
Why was someone throwing down hundreds of thousands of dollars on near-dated options that are out-of-the-money when the stock was trading at $32.25?
Well maybe it had to do with the next day’s headline:
How did this options whale know the news ahead of time?
Again, that’s a question that the regulators need to answer… not us.
But when I see someone aggressively buying “long shots” and dishing out hundreds of thousands of dollars to get in on a play… I don’t ask questions… I just follow the money.
And you know what?
After those Rubert Murdoch headlines hit the newswire, the stock price shot up and those options exploded!
(If you’re not a Dollar Ace client, then use this link to join now)
It seems like someone knew in advance that the MULTI-BILLIONAIRE was going to make the announcement…
No, I didn’t sell my soul to the devil for insider information… but I’ll tell you why I simply couldn’t lay off this trade.
The proprietary options scanner I use not only tells me what Wall Street’s top dogs are doing with options but it also gives me hints on why some trades have the potential to be monster winners.
For example, here are a few of the things that caught my eye on the FOXA trade.
On a typical day, FOXA sees somewhere around 4K options trade. But on Thursday, we saw 6K calls trade on the Sep 6th $33 strike alone. That’s what I call unusual options activity!
At the time of the order, the spread for the Sep 6th $33 calls was $0.15 by $0.25. Now, big shot traders have access to the best brokers which allows them to get the incredible execution.
But in this case, this trader didn’t care, they paid the ask price. At one point, the spread got to $0.15 by $0.30 and they still were paying the $0.30 to get in on these options.
This type of aggressive behavior screams “someone knows something”
Hail Mary Options
The options bought were out-of-the-money and only had a few days remaining until they expired. In other words, the trader needed to see the move happen right away.
Perfect timing or did someone know something in advance?
These long-shot bets are always interesting to me because you don’t become a mega-wealthy trader by throwing money away… and despite what it looked like on the outside… this trader knew exactly what they were doing.
And all I had to do was follow in their footsteps.
Of course, there are other reasons why I wanted in on this trade. But like I said, I use a proprietary scanner and I don’t want to divulge everything. However, the best way to learn what I’m doing is to join me in my Dollar Ace service.
One of the hardest parts of being a trader is generating new trade ideas every single day. With unusual options activity, you receive the top ideas from the most elite traders. And with my Dollar Ace service, you can follow in their footsteps in real-time.
You’ll be amazed at how easy it is to profit with the whales.
And the beauty is that there are new opportunities every single trading day. So if you missed out on the FOXA trade or others, don’t worry there are more to come… and here’s how to get in on it.