interviewed on BNN Fri, 9min clip: http://watch.bnn.ca/friday#clip355520 a 'news trade' of a weekly DIA option went from 0.20 to $1.40 in a couple of hours
I've never heard the term "news trade" associated with an index position. I'm not terribly impressed unless the buyer committed 100% of their book to the position.
Where is Phil's track record? Or is he another paid options newsletter with a losing record? No winning percentages, please.