Unusual options activity can provide an inside view of what the smart money is doing. A recent string of large bullish trades suggests the iShares MSCI Saudi Arabia ETF (KSA) may be due for a rebound by the end of October.
A large trader bought several blocks of October KSA calls, which make money if the ETF climbs over 5% from current levels. This could be another way to make a bullish trade on oil since it is the key to the Saudi Arabian economy.
Does everything seem to go wrong right after you place an options trade?
You watch the stock and everything is going right.
Then you open the trade… and within an hour, you’ve lost money.
It’s not your fault. You just simply weren’t given the “behind the scenes” knowledge every options professional knows.
If you knew how they worked, in 2018 – when the markets lost 6% – you could’ve booked gains of:
- 127% in 23 days on GLD
- 148% in 28 days on SQ
- 229% in 36 days on SMH
- 213% in 13 days on Netflix
- 79% in 22 days on SPY
- 63% in 24 days on SPY
- 117% in 21 days on SPY
- 96% in 36 days on QQQ
- 114% in 42 days on MRVL
Just like I did.
The road to success for your first big, triple-digit options win is simple.
Have a plan for every trade so you don’t repeat rookie mistakes.
To help option traders avoid mistakes and make profits instead I’ve recently released my 11 part options trading video series.
In this easy to follow series you’ll get up to speed quickly seeing the mistakes most traders make and how to avoid them. Plus, you’ll come away with an actionable plan to trade for a higher win-rate.