671k contracts on this name trading at nosebleed levels!
Every week, you’ll get an unusual options update from Tim Biggam.
Last week, he said Nvidia was seeing unusual call buying… and the stock is up 8% in a week!
This week, he’s see 671k… and this is post-earnings action.
Remember, with unusual options buying, consider a few factors:
- If the options volume is far out in the distant, it could be bullish or a hedge from an institution.
- Check the charts first to see if we’re near a point of resistance it could break over/under
How should you trade it?
Tim recommends selling an ‘out of the money’ call to take advantage in implied volatility.
Take advantage of the overbought levels and generate some cash.
Take a look today what stock is seeing this volume… plus
- Quick update on the jobs numbers
- What happened with the “Trump tariff tantrum”
- Are we overbought or oversold right now?
- The trade to make to capitalize on this unusual volume!
More from Tim Biggam:
Tim just closed a winner on Apple’s unusual options pre-earnings
Many unusual options trades can trade for as little as $20. If you can pile in before volatility expands, the stock doesn’t even need to move a ton for you to profit. As long as volatility goes up, you win.
Option prices continue to drop… even with much uncertainty ahead…
Meaning, one ripple of bad news could send volatility soaring i.e. inflating options prices.
Tim Biggam shared one unusual options move happening now today… but he’s looking at a few other ‘higher probability’ moves.
Discover more about how Tim Biggam spots unusual options TRADES here.