The popular company on CNBC and also for bots and unusual Activity hit on this ticker. Normally, I follow the first unusual activity for any trade I like to initiate a starter position before I check fundamentals. You might say, I am doing wrong but this is working out for me for three years and that's my trading strategy. If there is no usual activity or dark-pools, I don't even check that company or add it to the watchlist. NOPE
This week I came across a company that has a potential 20-30% upside in a year easily based on dark pools, Options Unusual activity, and repeat sweeps on Calls for the short term.
$FSLY is getting so much traction lately, 100 bucks strike calls short term, long terms call’s quantity is gaining every week.
- Dark pools are hitting every week on $FSLY
- March 2021 and January 2022 expiry calls for $100 strike hitting my API filter from last 45 days consistent.
- Longer the base, the higher the breakout,
- Average volume trading activity keeps increasing steadily and consistently.
For every one reference,
- Adding my personal chart which I use to use judgment when to buy and when to add up on trade to add on the winner.
Target easily $115+ price range and Since potential upside is better my risk below $70, I do not want to time the trade for now but at least a year holding period would be comfortable for me.
Feel free to follow if you feel this was helpful information for you.
