2023年4月29日星期六

More PUT buying semis RMBS

RMBS could be one to short
 
   
     
   
Only my longtime subscribers will recognize this ticker symbol. 

RMBS…

Rambus inc… 

It’s a semiconductor stock and the original Sweet Spot Stock

I recommended the stock wayyy back in 2020 when it was trading for about $15 bucks…

Today it trades for around $48!  

And most recently, RMBS flashed on my options scanner

 
 
 

It doesn’t show up there too often… 

But with its earning date coming on Monday…

I’m not surprised… 

Earlier this week, put buyers stepped in and bought $140K worth of puts…


Normally, I might not think too much of it…

But in the last week we’ve seen aggressive PUT buying in a lot of the Semiconductor names…

AMD, NVDA, INTC, SMCI…

Which tells me, semiconductor stocks could get smashed on their earnings this quarter…

Now of course, I’m not telling you to run out and buy puts on all the semiconductor names…

But… What I can do is teach you how to use my options scanner to connect the dots on weird coincidences like this… 

So if you’d like to learn how to use my scanner, now is the time to do it, 

Because this weekend, I’m re-opening the doors to gain beta tester access to my scanner…

So if you are interested…

Click here for more details 

 
   
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Lance Ippolito

 

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