That's the unusual options activity watchlist that Kyle released this past Monday.
What you can see from his Monday watchlist is a list of contracts that are "unusual" because they're cheap (under $1) and far out-of-the-money.
Hardly anyone in their right mind would buy these contracts because they're so unlikely to work out.
But because someone was willing to spend so much money on contracts so unlikely— a whopping $105,320 in the case of NVO— they're "unusual"...
And they may not be so unlikely after all.
You see, while Kyle doesn't know anything for sure, contracts like these make Kyle a little suspicious that someone might know something...
Like someone on the "inside" or at a big firm on Wall Street.
That's why Kyle regards this process as his method for following the "smart money."
Of course, Kyle doesn't spend hundreds of hours trying to spot these contracts and piece them together across numerous exchanges.
He has a proprietary unusual options activity scanner that does the work for him.
As for the contracts that Kyle hand-selected from a list of unusual options that his scanner spat out this past Monday, he had some great success.
He proceeded to put NVO into play a few hours after putting it on the watchlist for a nice win the next day.
That's in addition to big wins off two legs of BMY, which he pulled off the watchlist from the Friday before around the same time.
Here's what Kyle's alert looked like when he notified subscribers of his initial moves:
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