By Bryan Bottarelli Oftentimes, it pays to watch the day-to-day trading actions of “Sharp Paper” traders.
That’s what I call big money traders who are willing to commit large amounts of capital playing directional calls or puts.
For instance, here’s a hypothetical…
Say a trade crosses the tape showing someone just bought 500 calls on Home Depot for $700,000 just before its earnings report.
Is this something you’d pay attention to?
Heck yeah it would be!
Does this Sharp Paper buyer have inside information?
Do they know that Home Depot is about to make a big upside move?
Who knows? Anything’s possible…
I’m certainly willing to take a very close look at …read more
