Unusual Options Activity In Nano-X Imaging Ltd.

Nano-X Imaging Ltd. engages in developing and producing X-ray source technology for the medical imaging industry in the United States. Nano-X wants to make imaging technology available to the world and at an affordable price. The company went public a couple of months ago and price shot up, only to be brought back to earth by short sellers.

However, the Smart Money came into the stock and road it up almost 50%. However, those same call options that were bought were up 900%.

https://www.fool.com/investing/2020/10/02/why-nano-x-imaging-stock-fell-almost-15-september/

https://www.fool.com/investing/2020/10/02/nano-x-announces-live-demonstration-of-its-arc-dev/

I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
Weekly Charts (trend time frame) – which represents the concession stands looking down at the field.
Daily Charts (entry time frame) – which represents being on the football field with the player.
4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.