MARY4MONEY
806 posts
msg #71568
- Ignore MARY4MONEY |
2/20/2009 5:55:02 AM
what we need is a way to screen block trades for spikes meaning we need a way to have a20-30 moving average of the block trade volume for all the optionable stocks- so we can see obvious insider knowledge trades before the news comes out or the stock amke a giant move in either direction depending whether the news is pos or neg--on wed in hig there where block trades totalling >1.2 million shares as sales and only <100k in buys- the stock was at 10.60 on wed it fill to <7.60 yesterday thur- make the 7.5 puts gain >300%- i can give you 100 s of examples of this with some options gaining >5000%---when its really obvious it jumps out like a sore thumb and you win >90% of the time-- what we need is a block trade feed and keeping a daily 30 day runnning average block trade volume and come up with a formila like this--- set{ block trade volume/block trade daily average(30) }to give us the spikes- and you can look this up on tradetrek.com to see if they were buys or sells-like hig on wed---Block Trades Summary (02/18/2009)
Avg Price Volume Block Trades
Total Block Trades 10.26 1,402,173 4
Block Trades Under Market Price 10.245 1,323,355 2
Block Trades Over Market Price 10.275 78,818 2
|
MARY4MONEY
806 posts
msg #71569
- Ignore MARY4MONEY |
2/20/2009 5:59:51 AM
this works great on pre merger---fda approvals-earnings- and these happen before the actual news comes out- like eye in jan before they were bought out and went from 7.5-22$ in one day- the prevoius 2 days before the merger announcement there were giant block buy spikes on eye- had you bought the 12.5 jan calls for 0.05 you would of sold them the follwing monday for 10.20 or a 20000% gain
|
MARY4MONEY
806 posts
msg #71570
- Ignore MARY4MONEY |
2/20/2009 6:04:48 AM
ps if you can we can figure this out we will all be millionaries very fast- you see these giant block spikes on about 45% of the stocks that make giant 1-5 day moves of 20-100% before the news comes out to cause them to move like this- please email me alife4love@aol.com- if you have any ideas how we can do this- thaks lerogee marogeeca and stock holygrail- ps- you can check this on all the earnings and merger possible stocks on tradetrek.com everyday---
|
MARY4MONEY
806 posts
msg #71571
- Ignore MARY4MONEY
modified |
2/20/2009 6:16:30 AM
another example from yesterday- ldk sells on wed at 9$--Block Trades Summary (02/18/2009)
Avg Price Volume Block Trades
Total Block Trades 8.968 70,000 3
Block Trades Under Market Price 8.968 70,000
Block Trades Over Market Price — — —
stock fill 22% yesterday to 7$
|
MARY4MONEY
806 posts
msg #71572
- Ignore MARY4MONEY |
2/20/2009 6:28:07 AM
siri was another great example from 2-12- it had fallen from 0.20- 0.05 and at 0.08-Block Trades Summary (02/12/2009)
Avg Price Volume Block Trades
Total Block Trades 0.08 6,756,383 1
Block Trades Under Market Price — — —
Block Trades Over Market Price 0.08 6,756,383 1
7 million share buy at 8 cents- 2 days later it went to 25 cents- this is easy to use on stock that have made big drops or big gains- on drops you can catch obvious bottom reversals- and if the stock is moving up- you stay in it as long as there are big block buys- a really good example of this was ldk in dec 2007 it fill 77-26$ then at 28$ big block buys started coming in the next day it ran to 36$ and there were more buys- ran to 46$ the next day and there were sells- you sold- next day it dropped to 38$ and more big buys came in and it continued up with big buys until it hit 75$ 2 days before earning and suddenly they were mostly big sells again- it had bad earning and fill to 43$ 4 days later- can you image playing the put and dec calls out of the money on this stock in dec 2007- an easy 10000% gain
|
chetron
2,817 posts
msg #71574
- Ignore chetron |
2/20/2009 6:36:36 AM
WHAT'S WITH ALL THIS COHERENT CRAP?????????????
= )
|
moby
314 posts
msg #71639
- Ignore moby
modified |
2/21/2009 10:16:30 PM
Too funny Chetron ! :)
|
guru_trader
485 posts
msg #71654
- Ignore guru_trader |
2/22/2009 10:02:34 PM
ditto Chetron :D
|
Eman93
4,750 posts
msg #71658
- Ignore Eman93
modified |
2/23/2009 6:01:47 AM
big changes in option volume would be good to...
|
FuriousThug
256 posts
msg #71773
- Ignore FuriousThug |
2/25/2009 7:51:42 PM
Question about TradeTrek: just checked it out for the first time on trial basis. Is there a way to scan for large block trades or are you using volume indicators from another scanner to identify above avg volume moves and then looking at them individually on TradeTrek?
Thanks.
FT
|