McInnis 03 said:
For anyone who took a piece of $BA yesterday, I noticed a pretty big trade cross here....
Someone sold 5000 DEC 19 205p's for 9.30 and BOUGHT 5000 Dec 19 205c's for 9.83
That's a pretty big bullish trade
Continuation today. If $BA holds in this area it will have gotten above the 8 day MA. Last time it made a move like this where the 8 day was below the 21 day and it got above the 8 day, the continuation took it from 209 to 230. *past performance is not indicative of future performance blah blah blah
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***
B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3