You know what I love more than $1 scratch-off lotto tickets?
CHEAP OPTIONS!
And I’m sharing my secret for trading the top tickers with the strongest ROI potential in the market at 4 p.m. ET TODAY!
If you’ve been following along around here for any length of time, then you probably know that one of my favorite things in the world is some good old-fashioned CHEAP options.
And by “cheap,” I generally mean options that cost less than $1.00 a contract.
This is the bread and butter of my daily trading, and I feel these are the plays that give you the best overall ROI — return on investment.
And if a trade bombs, well, then you’re not out too much money on the front end unless you go overboard and buy more contracts than your account can handle.
Of course, we share some of these orders each and every day in this newsletter.
And at 4 p.m. ET right after the market close, I’m going to share some cheap plays to target for Tuesday’s open, so be sure and join me at 4 p.m. ET today, Dec. 9!
As always, we’ll also have some fun because that’s what we do around here!
As for what’s hitting today…
C3.AI (AI) reports earnings after the close, and we saw a couple of plays hit in this AI name that’s trading around $42 a share this afternoon. Today’s orders hit in the weekly and Dec. 27 expiration in the $45 and $44 strikes, respectively, with market makers expecting a move of $6.74 higher or lower following the report.
We also caught a sizable order in a company called Darling Ingredients (DAR) after it popped nearly 5% during the first two hours of trading this morning.
Now, this isn’t a ticker we see often if ever… which makes it intriguing.
It’s also a hefty $486K order in a name we never see, which makes it even more intriguing. It also has more than a month till expiration, and it’s cheap, going for around $1.05 a contract this afternoon.
Now, while that’s certainly no guarantee, those are a few of the criteria we consider when looking at plays like this.
As always, the more short-dated an expiration is, the more risky it is. And if wrong, they can and will go to $0 on you in a flash…
So never take on more risk than you can handle!
That’s all until 4 p.m. ET, when I’ll share some top targets for tomorrow’s open — be sure and join the party here!
Order Flow:
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
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Want Some CHEAP Options to Target for Tuesday’s Open?
The LIVE room is open and I’m about to reveal how we spot some penny-priced opportunities
BEFORE they make their big moves.
I’ll walk you through the Penny Strategy and we’ll look at a few trades from today.
PLUS I’ll even show you how to target a few penny trades for tomorrow’s open!
While we cannot promise future returns or against losses…
