Did you happen to catch Wednesday’s earnings play in Disney (DIS)? It was another News Flow Scanner banger…
Tripling from around $4.20 late Wednesday and topping out at $12.73 soon after the open Thursday with shares of DIS popping nearly 11%.
We have had an incredible earnings season, passing out amazing trades like candy in this free newsletter! Can we do it again?
Eh, maybe… That’s certainly the goal every day.
But as they say, NOTHING is guaranteed in trading! And you’re largely just rolling the dice when it comes to earnings season. Sure, you could pick the right direction, but if the stock doesn’t move enough, can quickly turn to $0.
That’s why we constantly preach — even at risk of sounding like a broken record — risk management and trading within your account’s means.
And today’s the day for my big space stock play, AST SpaceMobile (ASTS). I did a video on this stock Monday, and since then, it’s blasted about 20% higher on the heels of a big earnings report from cousin stock Rocket Labs (RKLB)…
Is there any more juice left to squeeze out of this baby, which is down about 2% ahead of its earnings report today?
One bullish trader seems to think so, snagging the Dec. 13 expiration, $24 strike calls around lunchtime with the stock trading around $27.50. So these are pretty deep in the money.
With market makers expecting a move of $5.28 higher or lower, a trader could reasonably go a few bucks higher and pay considerably less.
We also saw a short bet late Wednesday in Oklo (OKLO) that caught our attention…
Puts are often downside hedges in case a stock tanks on earnings — this one could be exactly that, as well. But what caught our eye was the sheer size of the play, about $719K in the December monthly $21 puts.
This is a big bet that falls inside the market maker’s expected move of $3.40 higher or lower, so it could be worth a look. The stock is up 125% year to date, so this could certainly be a downside hedge.
But that premium is big…
Finally, we’ve seen a lot of bullish flow into Alibaba (BABA) for earnings before the open Friday. Full disclosure…
We hate China ADR stocks around here. You just never know what these things are gonna do because they’re so heavily influenced by the CCP.
As always, respect the risk!
Order Flow:
*This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
There is inherent risk in trading. Trade at your own risk.
- ASTS Dec24 13th Strike: 24 Calls premium: $124,000 ASK BULLISH
Trade Date: November 14, 2024 Trade Time: 12:25 pm - OKLO Dec24 Strike: 21 Puts premium: $718,915 ASK BEARISH
Trade Date: November 13, 2024 Trade Time: 2:07 pm - BABA Nov24 22nd Strike: 97 Calls premium: $342,720 ASK BULLISH
Trade Date: November 14, 2024 Trade Time: 11:45 am - BABA Jan25 Strike: 92.5 Calls premium: $126,250 ASK BULLISH
Trade Date: November 14, 2024 Trade Time: 11:04 am - BABA Nov24 22nd Strike: 98 Calls premium: $411,874 ABOVE ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 1:44 pm - BABA Jun25 Strike: 97.5 Calls premium: $210,725 ABOVE ASK BULLISH
Trade Date: November 11, 2024 Trade Time: 2:24 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. This Stock Could Be on the Runway for Liftoff
Ask an analyst what the best stocks out there are, and they’ll probably mention most of what you already know…
Nvidia, Alphabet, Meta or even Apple.
But right now, I wouldn’t choose any of those stocks… Because after finding this one stock, I was blown away.
You see, the stock in question has had quite a few wins for the past six months…
And one of them is soaring a massive 176%!
Looking at how this stock has done in the past few months, I believe that’s just the starting point… and it’s building up the runway for even more wins…
Which is why I’m preparing myself to take a quick flip trade on the stock…
Using the same strategy that has shown the power to pay out an extra $500 or more almost every time we place a quick trade (with a $2,500 starting stake)…
If you’d like to see more details about this stock and why I love it… PLUS, my plan for trading it…
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 5/19/22 through 10/29/24, the average win rate is 74.17%. The average return was 6.16% over a 6-day average hold time, the average winner was 28.5%. All examples are based on a $2,500 starting stake unless otherwise stated
