Just because it’s a bear market, doesn’t mean there aren’t plenty of bullish trades when it comes to Unusual Option Activity.
Check out last week’s highly unusual options bets placed on ChargePoint (CHPT) amid the latest selloff:
Despite Wednesday’s bearish action across markets, someone was expecting a BIG upside move in CHPT — a leader in the electric vehicle (EV) charging solution space.
The very next day, ChargePoint skyrocketed over 9% after President Biden unveiled a new plan to fund a nationwide EV charging network.
It turns out the “smart money” was all over it.
Want to learn how to spot UOA just like this? Join our FREE webinar TOMORROW as Chief Options Strategist Ryan Mastro and Analyst Wayne Razzi give you an inside look at how they hunt down and trade Unusual Option Activity.
These former floor traders are bonafide pros. Tune in and see how they’re leveraging unusual order flow to stay on top of this down market.
Webinar Details: Tuesday, September 20th at 4:00 pm ET
Can’t make it LIVE? Register anyway and we’ll send you a link to the recording afterwards! You won’t want to miss this one…