Today, Jon and Pete Najarian joined forces today to give their unfiltered take on today’s market action including:
- Crowdstrike’s big drop
If you’ve lost money on CRWD, Jon’s got some tough love for you.
- Alibaba’s Unusual Options Activity from yesterday
If you tuned in on the 29th and followed Pete’s tip about OTM BABA calls, you’re certainly waking up happy today. Those calls are up 200% at the time of writing, and shares of BABA are up more than 9% on the day. That’s because…
- Li Auto, XPeng, and Chinese stocks as a whole are feeling free today.
Let us show you how to find Unusual Options Activity
Everything you’ve ever wanted to know about Unusual Options Activity—in one convenient insider’s guide.
With citizens in China continuing to push back on lockdowns, it appears the government may be ready to concede. As Chinese demand comes back, and Chinese citizens prepare to spend some of the money that they’ve been unable to spend up until this point, the market could see huge positive ramifications.
Pete also got real when reflecting back on conversations he would have with some network talking heads, where they would pat themselves on the back and say, “I bought this stock, now it’s up +7% — I think it’s safe to say I made a pretty great trade.”
We’re looking for singles and doubles here. We’re looking to leverage UOA, the power of options, and possible insider information to take a quick snipe at +100% or +200% — and then to move on, and hit the next one with the same strategy. Over and over, again and again, the game will never change.
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On that note, Jon and Pete dug into that strategy, offering viewers two fresh pieces of real-time, actionable unusual options activity.
BOTH are bullish, and BOTH are in a sector that benefits significantly from the easing of the Chinese lockdowns — but these aren’t overseas names.
Check out today’s edition of Rebel’s Edge to find out where they’re placing their smart money bets.