Bears Just Bet $4.2M This Stock Will Drop in 2 Weeks
In Tuesday’s Blitz Daily, we’ll take a look at computer hardware company HP Inc. after the options chain saw colossally bearish positions opened in early trading.
We're running wild, making a lot of money in puts. Yes, you heard me, the p-word! Markets sold off Tuesday morning, and I’m loving every minute of it. Why?
Because the bears are coming into the options flow in a monumental way, and Daily Profit Challenge members were with me in the War Room — LIVE — right when it happened! Specifically, they’re taking aim at former computer kingpin HP Inc., dropping around $3 million in premium this morning on a short-term earnings play. In fact, they liked it so much they turned around and bought another $1.2 million in puts!
But that wasn’t the only phenomenal flow hitting the tape on Tuesday. Just take a look for yourself at what else has me excited today…
Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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