The following graph shows call and put volume. Give it a look – it’s easy to see the bullish sentiment on AXP:
It’s clear that the bias here is bullish. Call volume is at 24,480 – completely eclipsing put volume of 4,067.
Now, if you had just looked at the AXP chart, the upcoming bullish run would be a lot less obvious…
But the fact that volume on call options was a whopping 20,000 contracts higher than put option volume means that a bullish run may be imminent. And the best way to play this upcoming bullish rally?
Buy a weekly option that expires in one to two weeks.
On January 2, 2019, the AXP Jan 11, 2019 $97 Calls (9 day options) could have been purchased for $1.00. For control over 100 shares, that’s $100 per contract.
Six days later, on January 8, AXP was trading 3% higher…
And our call options more than doubled.
Now, no system is accurate 100% of the time, and this one is no exception. But it has a great track record of giving a solid directional edge that yields quick, short-term doubles.
I mean, of the 10 stocks that my system gave me on January 2, nine of them (highlighted in yellow) turned into winners. Here’s the list again:
See what I mean? With option volume spikes, it’s simple to double your money in just a few days.
Now, before I go, I want to make sure you’ve seen this week’s question for you in the Network.
If you’ve already answered my prompt, I’ll be reading your response shortly.
But if not, you’re running out of time…
And I really want to hear from you.
Click here to learn how to gain access to your Network account now.
America’s #1 Pattern Trader