Traders make MILLIONS trading Robinhood, $HOOD, over the last few weeks! — Transcript

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1. 0:01[Music]
2. 0:04all right everybody in this flow review
3. 0:06we're going to cover some well-timed
4. 0:07options flow that hit the tape during
5. 0:10the market-wide pullback earlier this
6. 0:12week we'll also take a quick look at a
7. 0:15longer hold trade that was tracked by
8. 0:18Snorlax from the unusual whales team I'm
9. 0:22going to navigate to my contract lookup
10. 0:25page and here we can see the two trades
11. 0:27we'll be looking at today the hood $48
12. 0:31call expiring on February 21st and then
13. 0:34we'll also look at the hood $40 call
14. 0:37expiring in May of this year now
15. 0:40starting us off here the hood $48 call
16. 0:42expiring on February 21st we're going to
17. 0:45go back in time by just one day here to
18. 0:48see the initial fill that we'll be
19. 0:50talking about right here at 137 p.m.
20. 0:54central Time on Tuesday January 14th pop
21. 0:58that bad boy open and here we are where
22. 1:00we first saw these fills coming in all
23. 1:04at the same time stamp right here at
24. 1:06that 137 p.m. central with a bid ask
25. 1:08spread of 258 to 260 we see all of these
26. 1:13bills happening right at the ask price
27. 1:16so that gives us the inclination but
28. 1:19again not the guarantee that these
29. 1:21contracts were bought Additionally the
30. 1:23total volume definitely supersedes the
31. 1:27open interest of under 1,500 contracts
32. 1:30now since there is that 1469 open
33. 1:34interest it's possible some of these
34. 1:35transactions were closed but based on
35. 1:38how these orders filled all at the same
36. 1:42timestamp all at the same price and the
37. 1:46total volume superseding that open
38. 1:50interest signs point to this being a new
39. 1:53bought to open position now at the time
40. 1:56of these fills Hood was trading at $43
41. 2:0026 per share placing these contracts 11%
42. 2:03out of the money throughout the
43. 2:05remainder of the afternoon this Trader
44. 2:07experienced a bit of draw down on the
45. 2:09position as the market continued to pull
46. 2:11back into close on the 14th now on the
47. 2:14unusual whales charting tool we can see
48. 2:16exactly that right up here is where a
49. 2:19Trader entered those contracts at
50. 2:22$432 per share and way down here a buck
51. 2:2760 lower was the low of day on the
52. 2:3214th so naturally this contract took a
53. 2:35bit of a tumble along with it so going
54. 2:37in close on the 14th this contract had
55. 2:40dropped
56. 2:4127% to a buck 89 per contract now back
57. 2:45to our chart here we can see that the
58. 2:47overnight hold was great for this Trader
59. 2:51before I even scroll up this massive Gap
60. 2:54right here reflects the movement that
61. 2:56hood experienced going into the 15th so
62. 3:00scrolling on up here yes sir Hood gave a
63. 3:04nice Ripper to the upside at the time of
64. 3:06recording the high of day was
65. 3:094623 per share so these contracts that
66. 3:12were once 11% out of the money are now
67. 3:15less than
68. 3:164% out of the money now naturally that
69. 3:20gave us a big old boost in the value of
70. 3:23this contract so back here to the
71. 3:26contract summary we can see that these
72. 3:29contracts on the 15th reached a high of
73. 3:33380 per contract from their entry of
74. 3:37that 260 per contract this profitability
75. 3:40put them at about
76. 3:4346% gain the
77. 3:46$210,600
78. 3:47not too shabby for just an overnight
79. 3:50hold now on this contract today bring
80. 3:53this back to one day view we can see a
81. 3:55transaction of about 350 contracts these
82. 3:59filled at the mid that's why this is
83. 4:01blue here and then followed by that we
84. 4:03had a similarly sized ask side
85. 4:06transaction now hypothetically this
86. 4:08volume could be part of this open
87. 4:10interest we won't know for sure until
88. 4:12tomorrow when we get to see that open
89. 4:14interest update but as it stands it
90. 4:17seems kind of likely that most or all of
91. 4:20this position is still open now that
92. 4:22210k Gainer is pretty good for an
93. 4:25overnight trade but we're not done here
94. 4:27folks like I said we have one more
95. 4:30contract to look at the hood $40 call
96. 4:33expiring on May 16th now as I mentioned
97. 4:36Snorlax from the unusual Wales team has
98. 4:38been tracking this contract for about a
99. 4:40month but we can see that we had some
100. 4:43substantial action back in November
101. 4:46before the large orders that we saw on
102. 4:50December 20th for this $40 call so we're
103. 4:53first going to go take a trip down
104. 4:54memory lane and look at this transaction
105. 4:57from November 26th
106. 5:00now here we can see once again bills at
107. 5:04the ask price within that bid ask spread
108. 5:08across several orders totaling up to
109. 5:10over 4,000 volume on the day compared to
110. 5:14only 2,97 open interest we can be fairly
111. 5:18certain that some of these are new
112. 5:21positions it's not guaranteed that all
113. 5:23of them are but the tape is hinting at
114. 5:26us that this is indeed a new position
115. 5:29that was spot to open looking at the
116. 5:32contract summary for way back on the
117. 5:3726th we can see that 4,200 contracts
118. 5:40transacted that day with 3500 is
119. 5:44carrying over into open interest so
120. 5:45we're going to use that 3500 for the
121. 5:47sake of Simplicity here now we can see
122. 5:50in this historical flow that the
123. 5:52contract was largely quiet across the
124. 5:55volume Spectrum bids side transactions
125. 5:57here some asside transactions there
126. 6:00nothing really happened though until
127. 6:03December 20th here we had
128. 6:068700 contracts
129. 6:08transact largely at the ask and 8,400 of
130. 6:13that carried over into open interest
131. 6:15what we're going to be looking at here
132. 6:17on this December 20th bar is the initial
133. 6:206700 contracts that transacted here at
134. 6:23670 per contract from that point the
135. 6:27contract didn't really experience
136. 6:29against any draw down it looks like it
137. 6:31hit its final low on December 31st where
138. 6:35it hit a low of 538 per contract but
139. 6:38that wasn't really that big of a deal
140. 6:39for this Trader because we can see from
141. 6:41that point onward we see nothing but
142. 6:44upward price movement in the contract's
143. 6:46value now today on the 15th Hood caught
144. 6:50some serious bids we see an over 10%
145. 6:54gain off the market open to hit that
146. 6:57high of 4623 three per share as I
147. 7:01mentioned with the $48 call we already
148. 7:03looked at the value of this $40 call
149. 7:08rocketed once again so let's head on
150. 7:10back to our contract lookup and take a
151. 7:12look at the results here this upside
152. 7:15move put this $40 call over 15% in the
153. 7:20money now naturally the contract value
154. 7:22reflected that Ripper reaching a new
155. 7:24high of
156. 7:26$10.70 per contract now if you recall
157. 7:29that initial fill back in November came
158. 7:32in at an average of 552 per contract
159. 7:35taking that up to today's high of 1070
160. 7:39per contract this Trader is looking at a
161. 7:4494% gain putting into perspective from
162. 7:48their entry that means this first entry
163. 7:51from November hit a Max profit of
164. 7:55$1,813
165. 7:57th000 now if we look back to our
166. 7:59December 20th fills basing again on that
167. 8:02initial 6700 contracts we saw these
168. 8:06transacted at an average of 664 per
169. 8:09contract which right again back to our
170. 8:12high of 1070 that places this leg of the
171. 8:16trade up
172. 8:1761% which for the December 20th position
173. 8:21that's a Max profit of $2.7
174. 8:24million now there's no way to know for
175. 8:27sure whether or not these two
176. 8:28transaction s are the same Trader but if
177. 8:33they are at the time of recording this
178. 8:36video this Trader was up an astounding
179. 8:38profit of over
180. 8:40$4.5
181. 8:42million and if we come on down back here
182. 8:44to the historical volume open interest
183. 8:46profile we can see that today on the
184. 8:4815th no transactions have occurred
185. 8:51whatsoever compared to that nearly
186. 8:5315,000 contract open interest that means
187. 8:57that this position on the $40 call is
188. 9:00still
189. 9:03open I hope this video kind of helps you
190. 9:05guys figure out how we track flow from
191. 9:08that point of entry along with
192. 9:11positional ads and noticing that we're
193. 9:13not seeing any exits in the volume
194. 9:16relative to the open interest we'll be
195. 9:18back next week with another flow review
196. 9:21video in the meantime check out the
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202. 9:37everybody