Disclaimer: I'm just a person on the internet. I have been practicing tracking dark pool and large block orders on OpenBB and Whale Stream and using it to signal moves when the open interest on a stock lines up for it. Also, I got 3 HAS 2/21 $61 call contracts at open, so I am totally biased. Still, this is why I bought them, and the best time to get in is actually soon, not when I bought them. But please take responsibility for your own decisions, and you should double check everything I'm pointing out on your own. I am not a financial advisor.
HAS stock was around $68 in mid-December and has dropped to around $59 as of today. But the recent action strongly suggests a major move is coming—and soon.
The Bullish Signals:
📌 Massive Dark Pool Order
On Feb. 5, a $16 million dark pool trade (270k shares) went through at $58.90 at 3:53 PM. The stock shot up immediately afterward at open. This looks like a buy, and big-money buys often precede major moves. Whale trades like this are usually done after hours, and in the past 1 year period there was not a single other example of a trade $15m or greater during market hours (I checked using the historical search function of Whale Stream), everything else was 4pm or later, and I know 7 minutes doesn't seem like an important difference, but the order gets processed in a completely different way and after hours orders take a lot longer for the stock price to react to. So, someone wanted to buy desperately enough to push it through in the lit market to get their order filled quickly.
📌 Huge Options Bets on Feb. 5
Also on Feb. 5, someone dropped serious money on:
8,000 contracts of 2/21 $60 calls
8,000 contracts of 2/21 $67.50 calls
This is key: This double order pattern (near the money & further OTM) is a known indicator of someone betting big ahead of news.
📌 Feb. 6 (Today) - All That Volume Converted
Today, nearly all of that volume has converted into open interest. The options chain is now extremely bullish (it already looked pretty good before), signaling a big move ahead.
📌 Earnings Are Coming - Feb. 20 (Before Open)
Expectations are low, and HAS has crushed estimates for the last three earnings reports. If history repeats, a strong beat could send this flying.
📌 Technical Setup: Retest $58.90 Before the Move Up
After a large buy, it's common for a stock to pull back as traders take profits.
The $58.90 dark pool level should act as support.
HAS is on its way down for the retest—once it touches, it should rocket back up.
📌 Price Targets?
Expecting a move above $60 soon
Potential for $67.50+ around earnings
📌 Short Interest? Not Huge, But There
It isn't as crazy as an unmentionable stock loved by kitties everywhere (you know which one, and it's at 7.9% short interest), but 3.3% is still notable, and those shorts will have to cover once HAS makes its move, adding more upward pressure.
TL;DR:
🔥 HAS is primed to move up. It will likely retest $58.90 first before taking off. The 2/21 calls suggest someone knows something, and the huge dark pool buy supports this thesis. Earnings on Feb. 20 could be the final catalyst.
🚀 Watch for the $58.90 touch—once it holds, this thing is going UP.