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Bull Slams a Half-Million Bucks on Earnings Lotto Ticket 

by | Aug 23, 2023

I gotta say, I like this trader’s style…

If you’re looking for a lotto ticket earnings play for this week, we saw just such an order hit the tape this morning in the form of nearly a half-million dollars in premium…

The order… 

About $490,000 was bet on the Aug. 25 expiration, $9.50 strike calls in shopping mall stalwart Gap Inc. (GPS), which reports earnings Thursday after the close.

So either these calls are going to go to $0 and this trader will lose a half-million bucks… Or the stock will squeeze higher on earnings and they’ll be able to afford a lot more than T-shirts and khakis from Gap.  

Just be sure to respect the risk!

There’s more flow where that came from, so check out the video up top, and I’ll break it down in one minute flat!

 Wednesday’s Top Order Flow: 

  • Gap Inc. (NYSE: GPS):  
  • Frontier Communications Parent. Inc. (Nasdaq: FYBR): Sept. 15, $25 CALL. 
  • Sunrun Inc. (Nasdaq: RUN): $14, $14.50, $15 CALL
  • And more!

Note: If no date is listed after the month, it’s the monthly expiration (third Friday). 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. It’s Like a Cheat Code for Picking Options 

Of all the emails you read this week…

This is NOT the one to delete.

Because I’ve figured out a way to cheat the market.

A way to skip past all the most frustrating parts of trading…

And jump straight to the market’s most desired opportunities…

The type of opportunities that you read about on CNBC or MarketWatch…

The ones you WISH you knew how to be a part of…

I’m talking about some of the market’s best!

Opportunities Like This

WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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