The power of spotting options activity.

This was Monday:

What's up with this $SOLO company?

Canadian operation making EV's.

Someone is buying a ton of this weeks $7.50 calls.
They bought a ton last week too.

It's $5.90 atm.


Now at $5.90 one would think, at least percentage-wise.... $7.50 was a moonshot in four days on a that stock most have never heard of. Why in the world would there be a volume of 40,000 last week. 11/13 on those calls?

Member @JesseJamesFinn... a friggin guru here that has given me some of the best calls I've ever seen.... alerted me last week that the $7.50 calls were on fire.

I wrote this yesterday:

$SOLO hit $7 earlier.
$6.83 now.
It'll be interesting to see if those calls go itm by Friday.

Those calls were $0.20 when I wrote that.....

It closed today at $9.64.

$0.20 becomes $2.20.
$1000 becomes $11,000 in one day.

@JesseJamesFinn.... you are the the best.
I should have listened.
I have before,and it paid off handsomely, but this one seemed like such a stretch.....
Wow. Un-friggin-believable.
Wow.
JJ..... I don't how you do it buddy..... but you are the man.

Damn!!!
 
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  • IMO ....... The post in question was in the wrong forum (stocks) - it should have been in the option forums.
  • And it had a very poor non-descriptive title - "Ideas For Now-"

The title should have been something like "SOLO options" and in the option forums. Don't bury it in a generic stock thread.
 
Your too kind, I got lucky with SOLO and glad we both made some bank on the XPER $12 and $15 Feb Calls. Every day buyers kept grabbing those $15s on a stock that seemed dead. What's your opinion of NUAN's April $40 or $41s?
 
Wallstreetbets was all over this stock. I'm sure this had a lot to do with it. 1.5 million options gamblers on that sub reddit can really move a stock
 
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