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Bull Buys the CCL Dip Ahead of Wednesday’s Earnings

by | Mar 26, 2024

I’ll be on at 3 p.m. ET TODAY to do some LIVE trading, and I’ll share my top 3 orders of the day with everyone — join the room here!

Another day, another round of explosive moves hitting the News Flow Scanner — be sure and join me for a live trading session at 3 p.m. ET TODAY!

Let’s chat about what’s hitting before today’s live trading session, particularly, a couple of earnings plays slated for Tuesday morning…

In fact, we covered one of these stocks on Friday after it saw both long and short bets ahead of this week’s earnings: Carnival Cruise Line (CCL). 

Carnival was up about 2% on the open before taking about a 3% dive, falling as much as -0.8%. A bullish trader seized on the dip to drop about $187K on the April 5 expiration, $17 strike calls with shares trading a few cents over $17. 

CCL reports before the open Wednesday, and market makers expect a move higher or lower of $1.47. Remember from Friday, we also saw April 5, $16.50 puts. 

One of those orders is likely going to $0 following that report so as always, respect that risk!

We also caught a bullish order late Monday in Paychex (PAYX) that we added below. PAYX is trading right around $119.35 at lunchtime on the East Coast Tuesday, and the company reports before the open Wednesday along with CCL. 

Market makers expect a move of $5.71 so these are definitely in play, and a little longer dated if wrong to give some recovery time. 

Finally, we threw a million-dollar order in Pinterest (PINS) in there for good measure. It doesn’t expire until June 2025 so it’s a LONG-term play — way too long for my taste but to each his or her own. 

The Top Order Flow: 

  • CCL Apr24 5th Strike: 17 Calls premium: $187,271 ABOVE ASK BULLISH
    Trade Date: March 26, 2024 Trade Time: 11:00 am
  • PAYX May24 Strike: 120 Calls premium: $109,650 ASK BULLISH
    Trade Date: March 25, 2024 Trade Time: 2:40 pm
  • PINS Jun25 Strike: 40 Calls premium: $1,001,620 ASK BULLISH
    Trade Date: March 26, 2024 Trade Time: 11:34 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. Log in NOW for 3 Bonus Trades!


Sorry this is so last minute, but I’ve decided to host another quick pop-up session…

If you followed my emails over the last few days, then you know my scanner has picked up around 500 orders over the past week… all bullish.

I’m going to share three more with everyone today that could be worth targeting, based on what I’m seeing.

While I cannot promise any future returns…

I can promise you that you’ll get your first News Flow Scanner trades FREE of charge during the event. 

I’ll be on a few minutes before 3pm.

Go Here to Join the Room!


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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