One chart.

That’s all I need to show you today to understand that the dip on Wednesday did not spook some of the biggest speculators in the market.

They are not betting on the demise of the market going into the end of the year.

Instead, they are piling in, buying millions in call options ahead of the weekend.

Take a look:

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You are seeing the same thing I’m seeing.

Not one red large trade was picked up by our scanner yesterday. The first one is under a million while the bulls were pilling in.

$8.8M on one Tesla trade out to 2027, then another $3.6M at an even higher strike.

EWZ, a Brazil ETF, saw $3.9M roll in.

IWM, the Russell 2000, had $2.6MM, another $2.3M on Taiwan Semiconductor and an additional $4.3M on Tesla.

And that’s just the first half.

You’d think the market didn’t just drop sharply after the Federal Reserve announcement the day before. Or maybe you would.

These traders are speculators, looking to buy the dip we saw from the knee-jerk reaction.

And you could argue back and forth about what the Fed moves mean, but, as you can see, these traders are not waiting around to settle the debate.

Maybe the chart above gives you some ideas, a few stocks to take a look at.

Or maybe you have been eagerly waiting to pounce on a few red hot stocks.

Well, the dip this week may not last long, at least not according to these bulls.

So, if you haven’t bought the dip yet, you may miss your shot.

Trade smart,

S.E.A.L. Alpha Team

The Traders have Spoken… Buy the Dip