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Good evening everyone this is Jamesromelli from alpha shark and I want to show you guys a little about using unusual options activity for day trading and swing trading well in this particular video we#39’re only going total about swing trading so yesterday you guys all got a copy of Andrew'presentation on our unusual options activity master course and some mistakes and tips and tricks that he#39;accumulated over 10 years of experience trading unusual options activity and the whole point of learning how to do thesis to find trades like the one we marabout to go over right now in end, so toucan see here we have a buyer that casein for puts in end on the March 23 half line label in an opening position 2,000contracts bought now that may not seemlike a very large order, but we consider that END doesn't trade as much stock Ina day this is a significant trade audit#39’s significant not only because of that but because their#39’s only 10 days left until expiration, so this is pretty large bet being made by a trade rover just 10 days of trading that behave left to go well this trade hit the tape at around eleven thirty-seven so1037 Chicago time right I'm kind of in this time here, and we can see the Stockton SAT here dead from this point until we test the cloud and broke lower into the closed today but when that happened these things exploded in value tradings high as 73 cents remember the trader paid 47 cents so to go from 40 72 73 ISA 26 sent moves over the course of today and that's better than fifty-five percent profits as a day trade this inexactly the type of orders that we're retrying to find when looking for unusual option activity is opportunities to profit in percentages like that with day trades, so this is a great trade an epithet came across the tape today IN#39’m and if you're keeping my eyes out for more opportunities like this one mo reactivity in this name because they really hit the nail on the head with this one today and a fantastic day trade setup keep your eyes out this week#39’re going to have more examples of unusual option activity how to find these trades and how to use unusual option activity for swing trading as well rather than just day trade setupslike we just went over so keep your eyes open got a lot more information to come everyone have a fantastic evening and as always happy trading
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