Earning season is fast approaching (so is window dressing though), so check this out before it’s too late. There is surely some unusual activity is going on. To make some sense out of the this table, check out two things, OPU ratio (Volume/Open Interest) and the strike price. Farther the strike vs yesterday’s closing, someone is expecting a big move and hence big money on stake. Many times, options are also purchased/sold for completing spreads, so it’s a good idea to check that for the option activity you think worth pursuing further.
Don’t you think it would have been wonderful if you could have spotted NKE yesterday before announcing the results. Humm? Do you smell something fishy in other tickers? Stay tuned.
Profitable trading, OP