20-year-old professional trader Nic Chahine has revealed his trading strategy called “MoneyLine” which helps him win 83% of his options purchases. By using a simple line on a chart, he is able to determine when to buy and sell without the guesswork.
Traders can also benefit from monitoring whale alerts, which track the trades of large money entities in the market. By analyzing options activity, traders can identify potential trading opportunities based on deviations in option prices from their normal values. Some examples of recent options activity in the information technology sector include bullish and bearish sweeps and trades for companies like AMD, NVDA, PLT, SMCI, GO, PATH, DELL, DOCUMENT, AVGO, and SNOW.
Each trade is analyzed in detail, including the type of trade, expiration date, strike price, total trade price, open interest, and volume. By observing these activities, traders can gain insights into market sentiment and potential future price movements.
To learn more about options alerts and how to interpret them, traders can refer to Benzinga’s guide or explore more news on unusual options activity. Remember to act before the expiration date of the contract to make use of it effectively.
Overall, by following strategies like MoneyLine and keeping an eye on whale alerts and options activity, traders can enhance their trading skills and potentially identify profitable opportunities in the market. This information is provided by Benzinga, a trusted source for financial news and analysis.
Article Source
https://www.benzinga.com/amp/content/39212826
