Wutie pronounced (woo-tee) is a term used amongst stock traders when an underlying stock is about to make a large move in price. The term can also be used to describe when a trader is going to place a large outsized trade on a particular stock option.
Amazon has been setting up in a tight squeeze and is about to get "Wutie".
TSLA stock options are cheap and I'm about to get "Wutie" and buy 50 contracts.
TSLA stock options are cheap and I'm about to get "Wutie" and buy 50 contracts.
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