It’s a crazy market Wednesday… Name your crap stock and it’s probably going up.
It’s exciting but when this stuff usually happens, please, even more than usual, watch your risk management… This is usually a warning sign that this is the last leg higher before a sell-off — it’s often called a “melt up.”
Could we have some more up days left? Sure, especially if Tesla squeezes things higher after today’s earnings report after the close.
But if Tesla sells off… watch out.
Either way, after this week, I do see things heading to the downside, so check out Wednesday’s top options flow before it’s too late!
Video Highlights:
- 🚀 Carvana and Verizon calls have seen big gains.
- 💰 Day and swing trading has been the most successful.
- 📈 The market is experiencing a short squeeze, with various companies’ stocks rising.
- ⚠️ Proper risk management is advised due to the volatile nature of this market.
- 📉 I anticipate a potential downturn after current excitement subsides.
Wednesday’s Top Order Flow:
- Carvana Inc. (NYSE: CVNA): July 21 $54, $55 CALL.
- Nvidia Corp. (Nasdaq: NVDA): July $475 CALL.
- Lemonade Inc. (NYSE: LMND): January $32 CALL.
- And more!
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
P.S. I’ve Always Hated Consumer Stocks… Until I Found This $14 Gem
I don’t want you to think I’m falsely bullish on the entire stock market right now…
Because I am not. In fact, if you watch today’s video linked above, I mentioned a coming sell-off I think is likely.
But I am bullish on a handful of short-term trades…
So don’t confuse the two.
That said, I just found one stock in the Consumer Discretionary sector that caught my attention…
It has a lot of things going right for it right now, including:
✅ Elevated stock volume.
✅ Heavy institutional buying.
✅ Aggressive options activity and a strong chart.
And best of all, it only trades for $14 bucks a share…
In my opinion… It’s one of the few stocks that could move higher the rest of this month.
So if you want to know what this ticker is, and more importantly how I found it.
I’m giving it away for free.
