A BIG DISCOUNT ON THE PENNY OPTIONS DASHBOARD EXPIRES AT MIDNIGHT TONIGHT — DON’T DELAY!
It’s not a huge week for earnings as far as the number of companies reporting, but we do have a couple of big companies that are important in their sectors…
Micron (MU) reports Wednesday after the close, and this could certainly move chip stocks (SMH), which have had a pretty strong few days starting in after-hours trading Dec. 10 into Dec. 11, up about 5% off the overnight lows.
We’ve seen a flurry of bullish activity in Micron to start this week.
We also have Nike (NKE) after the close Thursday, which could be big for Consumer Discretionary (XLY) names, FedEx (FDX) the same day, and Carnival Cruiselines (CCL) on Friday.
Let’s kick things off today with Micron…
We saw a flurry of bullish activity in MU this morning, with traders entering the monthly (so this Friday) and Dec. 27 expirations in a number of strikes with shares hitting $111 on the open before settling back down a bit.
As of 1 p.m. ET, shares are around $109.65 with market makers expecting a move of $12.60 higher or lower following the report.
That puts all but the Dec. 27 $125 calls within reach for this week. Of course, MU is up big today, so it would probably be wise to see if we get a pullback as the day goes on, or tomorrow.
We’re also still seeing a ton of flow into a quantum computing name from last week: Rigetti Computing (RGTI), with shares bouncing another 25% today. We’ve been all over these names the past couple of weeks, and that continues today!
Finally, we saw some odd orders in Bit Digital (BTBT), which is a crypto-adjacent name. With shares up as much as 10.7% this afternoon, a trader got into the weekly $4.50 strike. Since this is a penny stock (under $5), one could always just buy shares of the stock if they don’t want to take on options — but these babies are cheap at around $0.35 a contract!
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.
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
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*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Think a Few Pennies Are Worthless? Think Again!
In the real world, a penny doesn’t mean much anymore…
You can’t buy anything with it, and it barely holds any value.
Most people wouldn’t even bother picking one up off the street.
But I’ve discovered a new development around penny trades in the market.
While everyone else ignores these tiny-priced trades, I’ve watched them deliver some incredible returns.
See what I mean…
A 20-cent trade turned into 40-cent in less than 24 hours…
That’s a clean 100% gain that most people with expensive trades never see.
And that’s not all…
Another 115% return on a penny trade of just 46 cents.
Then another 180% return starting with just 25 cents.
Put simply… Every $100 invested could’ve turned into $303…
And a $500 starting stake could’ve become $1,515.
Granted, there would have been smaller wins and those that did not work out, but this is why I get excited about pennies now.
Because I’ve seen firsthand what’s possible when you know exactly where to look.
And right now, I’ve found what could be the next biggest opportunity yet.
Different signs are pointing to a major move in one particular trade — and yes, it starts for just pennies on the dollar.
And we’re offering a BIG discount that expires at midnight TONIGHT!
If you’d like to see what I discovered and why now’s the perfect time for dirt-cheap trades like this…
The performance shown is not typical, and you may lose money. The examples displayed are historical trade ideas found in real-time. There were smaller wins and those that did not work out. Results will vary for each individual user.
