RJ Hamster
$757K Bet Before Bank Earnings
Monday, April 6, 2026
The Crowd Is Late. Jeff Bierman Isn’t.
By the time a move hits the headlines, the easy gains are gone, and most traders are left chasing strength that’s already played out.
Jeff’s BURN SIGNAL is built for the opposite problem: spotting the early behavior in overlooked stocks before the crowd piles in. It’s how setups like NFLX +$14 in 4 days showed up before anyone was talking about them.
Thursday, April 9th at 2pm EST, Jeff is going live and free to show you the exact clue he watches for.
Seats are capped and once they’re gone, they’re gone.
Don here…
Brandon Chapman just flagged a $757,000 call option trade on XLF, the financial sector ETF. Bank earnings start next week.
That single block trade caps a week and a half of aggressive call buying across Jefferies, Wells Fargo, Citigroup, and Bank of America. Someone has been building positions in banks since the lows.
Today’s session told the same story. The S&P 500 finished up half a percent, but staples led the day. The Mag Seven gained just 0.19% with zero follow through from last week’s rebalancing bounce.
Defensive leadership and stalling tech are warning signs. Brandon used his BlockHunter platform to cut through the noise and find where institutional money is actually going.
He filtered today’s options flow down to the 32 largest block trades of the session. Three stood out.
Here’s what Brandon broke down in tonight’s video:
- Someone bought 7,570 XLF call options at $1 each, totaling $757,000 in a single trade. This follows call buying in Jefferies, Wells Fargo, Citigroup, and Bank of America over the past week and a half, all ahead of bank earnings next week.
- RXRX saw 10,000 call contracts bought in one trade at $0.07, targeting the $4.50 strike. This is a high short interest stock with four squeeze bars, and the call buying could force dealers to hedge by purchasing shares, fueling an upside move.
- MSOS, the cannabis ETF, is seeing aggressive call buying at the $4.50 strike expiring April 17th. Money is flowing in ahead of a potential federal rescheduling decision, and the stock is breaking out on higher volume.
Oil added another layer to Brandon’s analysis. Crude tested $115 today, driven by the Iran conflict that kicked off March 2nd. Rising oil prices require more dollars to settle, which increases dollar demand and tightens credit conditions globally.
Brandon walked through how to structure a back ratio spread on XLF and outlined cheap call setups on RXRX and MSOS for traders looking to position ahead of these catalysts.
Click here to watch Brandon break down every block trade and the setups behind them
To your success,
Don Kaufman
Chief Market Strategist, TheoTRADE
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Warm regards,
Don Kaufman
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