Triple_Barrel_Capital

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

Long
NYSE:RIO   Rio Tinto Plc
$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.

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