Retailers, insurers, financials, chemicals, telecom, crypto and gold miners — oh my!
I’m feeling extra generous heading into the weekend, so I have eight — count’em EIGHT — trades for you as the options flow is flooding my News Flow Scanner during a massive day Friday…
We saw the January 2025 monthly expiration, $42 strike calls hit in Synchrony Financial, followed just six minutes later by January 2025 $80 strike calls in American International Group — this one to the tune of $391K in premium!
We also saw Macy’s calls in the December monthly $17 strike — gotta love retailers with shares squeezing nearly 8% higher Friday!
Same thing for Academy Sports Outdoors and all their lovely fishing gear!
We saw next week calls in the $55 strike in ASO, worth about $127K in premium…
But that’s not all… Check out the video up top for the day’s top flow!
Friday’s Top Order Flow:
- AIG Jan25 Strike: 80 Calls premium: $390,869 ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 12:07 pm - SYF Jan25 Strike: 42 Calls premium: $237,999 ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 12:01 pm - M Dec23 Strike: 17 Calls premium: $107,702 ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 11:45 am - ASO Dec23 8th Strike: 55 Calls premium: $127,325 ABOVE ASK BULLISH Trade Date: December 1, 2023 Trade Time: 11:34 am
- DOW Feb24 Strike: 55 Calls premium: $464,602 ABOVE ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 12:39 pm - RIOT Dec23 8th Strike: 14 Calls premium: $118,000 ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 12:29 pm - T Dec23 8th Strike: 16.5 Calls premium: $110,748 ASK BULLISH
Trade Date: December 1, 2023 Trade Time: 12:38 pm - AEM Dec23 Strike: 55 Calls premium: $210,000 ASK BULLISH Trade Date: December 1, 2023 Trade Time: 12:16 pm
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
Lance Ippolito Trading Team
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. 1 Weekly TSLA Trade…
The market has been chaotic lately…
We’ve seen unrest in Israel… and a resurgence of recessionary talks…
Stocks are sky high one day, and down on the next.
A lot of the folks I talk to are very frustrated… Some are even throwing in the towel until next year.
If you’re in that boat, don’t give up just yet!
Because there’s a new way to simplify your approach to the markets…
And it starts by ignoring 499 of the top 500 stocks, and hyperfocusing on just one iconic company.
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. The trades expressed are from historical market data where the average return was 63% with a 6 day hold period and a win rate of 68%.
