Quick Big Money Flow Update
04/09/2024
Hey Trader,
Hope your week is going well so far!
I spotted a big trader who was incredibly bullish and right about it.
Big Money Flow Spotlight: SLV
By Mark Sebastian
When thousands of options are traded all at once for the same stock, that’s what I call a Big Money Move.
It’s usually made by someone who knows insider info. This is a strong sign that the stock might make a huge shift up or down.
Many traders might not catch onto it, but I focus on finding, understanding, and using Big Money Flow for smart trading and making money.
Where does the call buying end in SLV?
I saw a trader that was long the April 12 25-26 call spread, selling to close 40k times at .41 — only to lever up and roll back a week buying the April 26-27 call spread for .22 60k times.
He or she took in a net credit on the roll and also gained leverage by increasing size.
This is super bullish. If I find a cheap way to piggyback, I’d go bullish here too.
Always be closing,
Mark Sebastian