$RIO Long Term H&S - Unusual Bullish Options Activity

6 mar 2019

RIO Long Term H&S formed on Monthly Chart
- Watch for breakout and close above ~$60.70 resistance level in coming days/weeks

Target - $75.00 by August

Unusual Bullish Options Activity
- 160M worth of near term call options traded today with March 15th / April 18th expirations (majority deep ITM). Will confirm positions tomorrow with updated OI numbers.




Note: Informational analysis, not investment advice.