About 20 minutes into the trading day we saw a picture-perfect trade hit the News Flow Scanner…
A big-money trader dropped about $380K on the November monthly expiration, $73 strike calls for Micron, paying about $2.20 a contract.
Within 10 minutes, these babies hit $3.25 a contract, making it a textbook scanner day trade — big premium, paid above the ask.
- MU Nov23 Strike: 73 Calls premium: $378,915 ABOVE ASK BULLISH
Trade Date: November 9, 2023 Trade Time: 9:50 am
THIS is exactly why the News Flow Scanner is, in my opinion, the absolute best way to trade this or any market!
Another great example?
About 5 minutes before the close Wednesday — which means there’s no time for me to send an actual alert, so you have to have the scanner! — we saw this order…
- DIS Nov23 10th Strike: 88 Calls premium: $183,662 ASK BULLISH
Trade Date: November 8, 2023 Trade Time: 3:54 pm
Disney of course reported earnings after the close Wednesday, and then BANG — the stock ripped almost 8% higher Thursday morning!
These calls moved 75% overnight… I absolutely love it when big firms try to sneak these orders in right before the buzzer!
I’ve been trading small because of earnings, but this week has been great!
Check out my video up top and the day’s top flow below!
Thursday’s Top Order Flow:
- PYPL Dec23 1st Strike: 57 Calls premium: $105,845 ABOVE ASK BULLISH
Trade Date: November 9, 2023 Trade Time: 10:23 am - BXP Jan24 Strike: 55 Calls premium: $125,809 ASK BULLISH
Trade Date: November 9, 2023 Trade Time: 1:32 pm - GOLD Jun24 Strike: 17 Calls premium: $143,412 ASK BULLISH
Trade Date: November 9, 2023 Trade Time: 9:47 am
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
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 and scammers.
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. Get In Front of These Weekend Movers
Wall Street has been using these “little-known wires” to front run the biggest weekend news releases…
Yet only a few trading pros know how to leverage this to target double-digit opportunities each and every weekend…
Just like I did with CHWY, MOD and RTX in the last three months alone…
Don’t get me wrong…there were bigger gains, smaller ones and even some losses.
And I’ll show you exactly how to spot these wires LIVE at 4 p.m. ET TODAY, Nov. 9!
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 9/17/21 through 11/3/23, the average win rate is 72.4%. The average weighted rate of return on options trades was 14% over a 3 day average hold time.
