The Outcome Of The Trade

ORCL reported after the close as scheduled and the stock sold off the next day and has continued to slide with the broad market. The Puts that were bought @ $1.04 traded as high as $4.75 before settling and expiring @ $4.00.

For the buyer, that was a return of 284% in a few days. We can’t know for sure, but by tracking the volume and Open Interest on this contract, it looks like the position was sold just before expiration.

The Power Of Unusual Options Activity (UOA)

Of course not all the UOA trades work out like this. Some of them post much smaller returns and some even result in huge losses.

But if you study how to trade Unusual Options Activity the right way, you will know how to find and trade high probability trades.

The goal of this website is to make the process easy for you. So in addition to showing you how to trade Unusual Options Activity, I also filter the UOA data and give you the high probability trades in real time so you can make your own decisions.

Any trade that makes it to the Chat, private Twitter or on the scanner is considered high probability.

So, if you haven’t done so yet, after you read the UOA tutorial that I linked to, go ahead and sign up here to get the real time alerts.