Options Flow Case Study: RLX
The RLX screenshot above came straight from the Sweeps Top Tickers page on 6/16 and was sent to our members as part of the Morning Momentum Actionable Snapshot Alert.
The orders coming in start small at around $30K, with contract prices around 50 cents.
Those contracts ended up with a 120% max profit overnight!
Let's take a closer look at the Ticker Research page.
The screenshot above shows that the contract price on the $7.5 strike is steadily increasing, along with implied volatility.
This is another example where small orders lead to big flows (and big gains) and also another example where smart money didn't have to pay as much for the contract because they bought it before everyone else did.
