As a former floor trader with more than 34 years’ experience, Chris Brecher uses Unusual Options Activity as his ‘Canary in the Coal Mine’. His goal is to find high probability setups with the potential for 70-80% winners.
If you want to profit from Unusual Options Activity, then do NOT waste your time on most of the hyped-up services out there. They’ll just soak you for hundreds of dollars every month and give you nothing more than bloated lists of alleged ‘takeover candidates’ to sort through. Even if you had unlimited capital, that shotgun approach is frustrating and will rarely pay off.
Ten out of the last ten setups that met Chris’s stringent criteria were profitable. The secret sauce is in how Chris uses the unusual activity in his own unique way. Here’s just some of what Chris will cover in this class: