So let's walk through how to read an
options contract chart on unusual
whales. So this page is the contract
lookup and this is the contract that
we're going to be using right up here.
It's the BP 48 C10 30 2026. It's
basically just shorthand for a BP call
option with a $48 strike price that
expires October 30th. So what's a call
option first of all? So each call
contract gives the buyer the right to
buy 100 shares of BP at $48 a share
before it expires. And at $48, that's
called the strike price. Now people buy
calls when they think that a stock is
going to be going up. So right below the
name is going to be a quick summary of
the most recent…
[music]
>> This is an insider buy alert. Ryan
Cohen, the CEO of GameStop,
[music and singing]
has bought another $17 million worth of
the company's stock. It's so important
that I literally just threw up in the
bathroom, been sick all day. I know this
is TMI, but I needed to get this info
out to you because this is a really
interesting story that I've been
watching for a while. We need to talk
about what's going on cuz no one's
really putting [music] all these pieces
together for you. So, let's look at what
homie Ryan Cohen did. We all know and
love him dearly. Look at this cute
little face here, Ryan Cohen. So, he's
been on a buying spree of…