TXRH
Today's unusual option trading, form whatstrading.com.
TXRH is getting heavy volume in May 15 puts. It already had a decent open interest there.
TXRH looks like it is in the process of building a base, which means that is is unlikely that it will be above 15 when these expire, however, it is also pulling back to a previous breakout point, which could be a trigger for a sharp move up.This reported earlier this week, so there isn't any impending catalyst for a sharp move either way.
TXRH is getting heavy volume in May 15 puts. It already had a decent open interest there.
TXRH looks like it is in the process of building a base, which means that is is unlikely that it will be above 15 when these expire, however, it is also pulling back to a previous breakout point, which could be a trigger for a sharp move up.This reported earlier this week, so there isn't any impending catalyst for a sharp move either way.






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