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Hawk’s Nest

Atlassian (TEAM) shares climb 70% in three months after our alert, calls gain a fortune…a process lesson

by | Sep 17, 2021

My studies have shown that notable buying held through the expiry only has around a 25% win rate which is why we focus on identifying the truly meaningful trades and utilize a complete process to identify the names to focus on. Further we know from over a decade of doing this that the entry/exit timing on these trades are rarely perfect and often start off very wrong so it is important to utilize our technical analysis skills to find optimal entry and exit points.

This involves tracking all the notable trades in our Hawk Database so that when we see one of our technical triggers alert us there is background info of whether big money is also involved in the stock.

Atlassian (TEAM) is a great example, we put this post on the public free sit on 6/10 as a set-up, and one that triggered the following day while notating the massive September and December $230 calls bought in open interest.

This was the post: https://optionshawk.com/atlassian-team-strong-weekly-set-up-with-bullish-options/

TEAM shares have climbed more than 70% in three months since that post and the value of those TEAM has seen massive call action the whole ride higher and December $230 calls adjusted to the $280 strike on 7/30 which still have those 9600 contracts in open interest pricing $128, a massive position.