Best Idea For The Week Ahead

When I look for these best ideas, on one hand its easy to see from my ranking system what is seeing strength/weakness but that doesn’t really show much within the smaller names that don’t often see alot of trades. So it’s important when you look at the recaps to dig in daily and if you see something odd note it. I have a little whiteboard on my desk where I jot mental notes when I see oddities to dig into later.

This week it’s a $23b healthcare company that pays a decent dividends and is also 50% off it’s highs but in the last 3 months it saw no unusual trades until the last 2 sessions where it saw 3 including one massive one yesterday. To me, that carries alot more weight than a name like Amazon that sees large trades daily and may have a higher score in my ranking system. Again the goal here is to generate ideas for you using unusual option flow not only for short term swings but for quality names you can add longer term if you so choose.