It’s Wednesday, so I hope you know what that means…
It’s almost time to “Trade the Close” with your boy, Lance Ippolito, LIVE at 3 p.m. ET TODAY!
As if you needed any more reason to join me, we knocked one out of the park during last week’s session in GXO Logistics (GXO).
I mentioned today on Telegram the trader who bought the calls we saw hit the News Flow Scanner closed out his trade — which went from $1.40 to $6.10! And he added 10,000 of the August monthly expiration, $57.50 strike calls at $1.40 a contract (same entry price, what a coincidence).
The stock is up 10% since they bottom fished the absolute dead lows — BANG, what a move!
And we got in the trade right alongside them during last week’s free session, so don’t be late to the party later!
Not only can you not miss these live trading sessions, but you can’t miss this newsletter, either! We covered this super odd order in Tuesday’s edition…
- FLYW Aug24 Strike: 20 Calls premium: $435,084 ABOVE ASK BULLISH
Trade Date: July 16, 2024 Trade Time: 11:16 am
And we closed out with a 50% gain in less than 24 hours after the stock saw 116 times its normal options volume! I’m still looking for this stock to dip so I can add.
The News Flow Scanner is absolutely spot on this week, hitting on massive wins in SMCI, NVDA, GPN, VZ, SLB, SMH, DELL, VST, AMZN, GOOG and more…
This is the greatest trading ever! Even though it’s an absolute bloodbath in tech and chip stocks today…
Which is exactly why you shouldn’t follow the herd!
So what’s hitting recently?
Well… chip stocks are getting smacked so we’ll stay away from them, but the Taiwan Semiconductor (TSM) earnings report after the close today could provide some relief…
Or another big leg down for this sector if it’s not up to snuff.
Check out the flow below for a couple of ideas!
As always, respect the risk and size in accordingly. This is a tenuous market right now…
But boy does that make for some great trading!
Order Flow:
*This is for informational and educational purposes only.
- RHI Aug24 Strike: 65 Calls premium: $164,258 ABOVE ASK BULLISH
Trade Date: July 17, 2024 Trade Time: 1:02 pm - BTI Jan25 Strike: 32 Calls premium: $258,970 ASK BULLISH
Trade Date: July 17, 2024 Trade Time: 11:20 am - DELL Nov24 Strike: 105 Puts premium: $130,000 ASK BEARISH
Trade Date: July 17, 2024 Trade Time: 12:46 pm
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. I’m Putting $3K on the Line If NFLX Flashes a Signal for Earnings Thursday
I’m opening up the live room at 2 p.m. ET on Thursday, July 18, to see if Netflix (NFLX) flashes on the scanner.
Whether it flashes a bullish or bearish signal…
It really doesn’t matter because…
When NFLX moves during earnings, those moves usually turn out to be pretty BIG…
And I’ll be focusing my efforts on the News Flow Scanner…
Which is already hinting at a possible trade…
So I can hopefully get on the right side of the movement…
If all goes as planned, I’ll be putting $3,000 on the line…
Obviously, I cannot promise future profits or shield against losses, but I’ll be looking to target a double!
