@OptionsHawk reports 3000 June $92 calls bought on Staples $XLP at $3.40 amid flight to safety, and notes $KDP as a recent add with a write-up and Q1 catalyst.
See original
Staples $XLP 3000 June $92 calls bought $3.40 with this flight to safety move this week
KDP a recent add for me w/ the write-up and Q1 catlayst
Reasoning: Catalyst · Medium term Specific
Big rotation today: Health Care $XLV and Consumer Staples $XLP both rose over 2.2% while the S&P 500 dropped 1.1% and Tech $XLK nearly 3%.
See original
Big rotation today.
Health Care $XLV and Consumer Staples $XLP both rose 2.2%+ today versus a 1.1% drop for the S&P 500 and a nearly 3% drop for the Tech sector $XLK.
Reasoning: Not tagged by analyst Specific
Consumer Staples sector has traded higher for 7 straight days, taking it from oversold to overbought in short order. $XLP
See original
Consumer Staples sector has traded higher for 7 straight days, taking it from oversold to overbought in short order. $XLP
Image 1 ↗
Reasoning: Technicals
@bespokeinvest notes Consumer Staples $XLP is now up 5% since 10/1 after trading pretty much straight down in September.
See original
Consumer Staples $XLP is now up 5% since 10/1 after trading pretty much straight down in September.
Image 1 ↗
Reasoning: Technicals Specific
Fund flows or trade records mentioned in posts reflect only the account’s own claims, are marked “Per the post” and are unverified.