Chasing stocks with massive call options going off.

BBIG caught my eye with the 33,300 June 18 $5s going off. Same thing happened with RIDE and UXIN trades I posted earlier.

 

What scanner are you using?

 

I use five different scanner plus a option discord private chat costing $300 a month.

 

which ones?

 

https://www.livevol.com/options-trading-analysis-software and

Esignal, Barcharts is not bad for delayed.

 

Free ToS scanner may also work:

 

Wow, these are mostly for day trades? Like sweeps which may immediately move the stock, for example ?

 

Not necessarily, early this week I mentioned the call volume on UXIN($2.75) May $3s(.1-.15) and RIDE $9s(.25-$.50). RIDE that day went to $1.70, next day $2.70 or 10x, UXIN hit $.65(4x) two days later. LPI was the fluke, I play lower volume stocks bought the $50s at $1, out $2.7-$3.00s. RBLX and UPST both signaled big multi day moves.

 

impressive.

 

I thought this adjective only pertains to profit. Since when are high costs impressive? Most likely any discord channel that charges money for trading related information just recycles a paid feed from somewhere and publishes it to the paying masses.