>>>ENCORE PRESENTATION: NEW $25K PROJECT!<<<
JOIN ME AT 4 PM ET TODAY FOR THE RUNDOWN!
Another massive week of earnings is underway, and I’d like to hone in on one of the big, BIG dogs reporting… Amazon (AMZN).
Amazon is of course one of the biggest companies in the entire world with a market cap near $2 trillion, and it reports after the close on Tuesday.
The company beats 63% of the time, and typically moves 0.11%. The stock is also in an uptrend, and it just so happens that AMZN is one of my top 100 best traded tickers, per an internal audit.
In fact, in real issued trade alerts across my strategies, I have an insane 100%* track record trading AMZN — check this out!
Not bad, eh?!
Be sure and check out my “Road to 100” for more info on my top 100 stocks I trade — and how I plan to trade them in a brand-new strategy! — live at 4 p.m. ET TODAY!
Enough about me, let’s take a look at what the big boys and girls are buying today ahead of earnings…
AMZN is trading just over $181 as of 2 p.m. ET, and market makers expect a move about $13.13 higher or lower.
Of the three orders we got on Friday, one is a call, one is a put, and one is… very long-dated — not my cup of tea.
We also had a few long-dated orders hit on Thursday of last week. If you’re a long-term buy-and-hold investor, those might be worth a look.
Keep in mind that puts are often hedges against long stock positions should it tank on earnings — basically an insurance policy.
Finally, also keep in mind that the weekly expiration options (May 3) can and will go to $0 if wrong…
Respect that risk, and be sure to join me at 4 o’clock for a second session of my “Road to 100”!
2:45 p.m. ET Update:
We just got the first order of the week for Amazon
- AMZN May24 10th Strike: 180 Calls premium: $159,200 ASK BULLISH
Trade Date: April 29, 2024 Trade Time: 2:35 pm
Top Order Flow:
- AMZN May24 3rd Strike: 170 Puts premium: $303,033 ABOVE ASK BEARISH
Trade Date: April 26, 2024 Trade Time: 3:28 pm - AMZN May24 3rd Strike: 195 Calls premium: $127,800 ASK BULLISH
Trade Date: April 26, 2024 Trade Time: 1:00 pm - AMZN Jan26 Strike: 225 Calls premium: $876,650 ASK BULLISH
Trade Date: April 26, 2024 Trade Time: 11:33 am - AMZN Jan26 Strike: 235 Calls premium: $247,245 ASK BULLISH
Trade Date: April 24, 2024 Trade Time: 3:07 pm - AMZN Jan26 Strike: 240 Calls premium: $288,000 ASK BULLISH
Trade Date: April 24, 2024 Trade Time: 2:56 pm - AMZN May24 3rd Strike: 172.5 Calls premium: $189,000 ASK BULLISH
Trade Date: April 24, 2024 Trade Time: 11:16 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
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 4/3/24 through 4/9/24, is currently 100% based on 8 trades and the average rate of return on options trades was 14% over a 1 day average hold time.
**This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Our Office Has Been Buzzing All Week!
Primarily because everyone caught a glimpse of my newest trading system, which is unlike anything I’ve ever done before…
It looks nothing like my News Flow Scanner, Platform X or the Master Indicator…
In fact, it looks like this…
This system has been responsible for a whirlwind of new opportunities.
Based on what we know currently…
It tracks the rotation of money between industry groups…
When money rotates out of one industry to another, my system will tell me which stocks are likely to benefit…
It’s a weird concept, but I won a bunch of trades in April following this plan…
I’ve been working on this system for a while but haven’t talked about it much — until now!
And I believe it will play a key role in my attempt to grow a new $25,000 trading account.
And at 4 p.m. ET TODAY, April 29, in an encore presentation…
I’m Spilling the Beans on Everything!
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 4/3/24 through 4/9/24, is currently 100% based on 8 trades and the average rate of return on options trades was 14% over a 1 day average hold time.
