$YOKU (Youku Tudou Inc.) Another case study for Options Volume Analysis and how I trade it. Be careful,smart money is not always smart, we must use the info smartly ;)

On 2013.07.26 I detected unusual activity: 4,171 Dec 26 call traded with OI only 0!, together with price breakout the setup beautifully.

The following day, OI increased from 0 to 2,863.

Chart is sooooo beautiful.

I meant to sell at the price target (around $2.80 for Dec 26 call) but I'm not in front of the monitor so I sold it way too early.

Sweet!!! ;)