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MondayMovers: LQMT, FUBO, live 1-4p ET today and more…

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Good afternoon,


Teachable moment on following options 'flow' …


Earlier today, in the 360 chat room, I was looking at Ben's unusual options activity scanner. 


And I noticed big call sweeps, above ask, on the $210 TSLA expiring today. One sweep alone was a half a million above ask. 




So I went with those $210 calls.




And despite jumping out of the trade too early, around $210 on the way to $213, I still walked away with a nice win.




Everyone is welcome in the 360 chat room and I hope to see you there today.


If you'd like to buy the 'flow' scanner or unusual options scanner directly you can get it in our scanner bundle or individually right here


For MondayMovers I like a swing on LQMT from $.07 - $.10 (also holding long-term). This video just came out and I anticipate it'll drive the stock higher as it makes its way around the Internet. I also think there's a runup into their November earnings. 




Read more at r/LQMT


For the swing I'll be looking to get some shares today in the $.07's with a goal of selling them in the near-term in the $.10 range. For my long-term trade I'm patiently awaiting a bigger move. 


FUBO is another favorite of mine. NFLX smashed earnings and continues to move higher. FUBO earnings are in November and I speculate it'll rally into that. Around $3.50 it's basically trading at book which in my mind makes this company a takeover target. It's optionable too so the calls going out a few weeks at $4 make sense. 



Another thing I love about FUBO right now is the news last week about shutting down their sports gaming and hiking their guidance, at $3.50 the $4 calls or stock itself is hard for me to pass on. Bottom line, for me anyways, I see little risk in taking a shot here through the weekend, maybe there's more good news Monday. 


I'll go over more names in chat today between 1-4 p.m. ET LIVE.



https://app.ragingbull.com/rooms/360


Join us live this afternoon in the 360 chat room.


I hope something good happens to you today.


Jason Bond



RagingBull, LLC
62 Calef Hwy. #233, Lee, NH 03861

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