>>> THREE NEW TRADES ARE DROPPING AT 3 P.M. ET — AND WE’RE OFFERING A BIG DISCOUNT! <<<
If you’re not following the action in my Telegram channel, this newsletter and on the News Flow Scanner…
Then I don’t know what you’re doing because we are killing it over here!
The order flow has been insane… From countless ways to play GameStop’s short squeeze to Adobe (ADBE) to Supermicro Computer (SMCI) to Arm Holdings (ARM) to something called e.l.f. Beauty (ELF)… whatever the heck that is… the order flow has been SPOT-ON!
Just check out these plays in Adobe from the past couple of days…
And wouldn’t you know, ADBE rocketed about $70 a share after the open, almost double the size of the market maker’s expected move!
We’ve covered multiple Adobe plays in the past several days, and boy oh boy, these calls exploded on Thursday’s earnings report.
I was personally holding the $495 weekly calls I paid $7.45 a contract for, so I’ll be popping some champagne and lighting up a tasty cigar this fine Friday evening!
Not only that, but 10 minutes before the close Thursday, this order hit…
- ARM Jun24 Strike: 160 Calls premium: $206,920 ABOVE ASK BULLISH
Trade Date: June 13, 2024 Trade Time: 3:50 pm
And wouldn’t you know, news broke soon after that ARM will be added to the Nasdaq, replacing Sirius XM (SIRI), and those calls went from about $5.75 at the time of purchase to more than $11.00 on Friday morning — BANG!
I imagine the trader that snuck that $207K order in before the close is popping some champagne tonight as well…
So what’s hitting today ahead of the weekend?
We’re scraping the bottom of the barrel as far as earnings plays for next week… I’ve also mentioned I believe the market could be due for a big pullback.
But one trader is looking for a rebound in shares of SoFi (SOFI) after Friday’s big dip of more than 5%. These calls are in the money and CHEAP — that doesn’t mean the trade will work out, of course.
We also caught another MASSIVE GME order to the tune of $1.4M in premium with shares down over 4.4% as of this writing.
And we saw another trader looking for more upside in ARM heading into the weekend. That call expires next week so beware the risk involved — as always!
If shares open lower on Monday, all three of these plays could go to $0 on Monday.
Friday’s Top Order Flow:
- SOFI Jun24 Strike: 6.5 Calls premium: $122,016 ASK BULLISH
Trade Date: June 14, 2024 Trade Time: 11:49 am - GME Jun24 Strike: 32.5 Calls premium: $1,379,088 ASK BULLISH
Trade Date: June 14, 2024 Trade Time: 12:29 pm - ARM Jun24 Strike: 162.5 Calls premium: $129,550 ABOVE ASK BULLISH
Trade Date: June 14, 2024 Trade Time: 10:39 am
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. Leverage My Weekend Trade TODAY!
Have you heard about the Friday afternoon signal that’s posted returns of as high as 113% over a single weekend?
Maybe you have, maybe you haven’t…
There’s only a few top traders who know how to leverage it, and yours truly has been trading these signals for years!
And it’s all thanks to a strange Friday afternoon signal…
One that hints at which stocks are most likely to pay out over the weekend!
I went live Friday afternoon to expose the BUY signal behind 260 weekend winners that is set to flash again TODAY!
And while I cannot promise future returns or against losses…
It’s not too late to get my TOP 3 weekend stocks that just had $100K+ orders hit…
And the three alerts we’re dropping during a live trading session at 3 p.m. ET that’s just for members!
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 9/17/21 through 6/13/24 the average win rate is 70.3%. The average weighted rate of return on options trades was 11.7% over a 3 day average hold time.
