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Cruising for the Next Big Earnings Play on the Heels of a Blockbuster NVDA Report

by | Feb 22, 2024

If you missed it this morning, I have my eye on 25 companies reporting over the next 10 days. Which will I trade? Join my LIVE session at 1 p.m. ET on Friday!

We’re getting close to wrapping up another amazing week of trading on the heels of a blockbuster earnings report from Nvidia (NVDA) that sent the market surging Thursday.

The weekly NVDA calls we posted in Wednesday’s newsletter went from $15.30 to $64.65 on the open Thursday! 🤯

I didn’t buy any — way too expensive and risky for my taste — but what a move for those who did!

If you missed my live session this morning, not to worry, I’m doing it yet again at 1 p.m. ET on Friday, Feb. 23.

Here’s a little taste of what you missed…

My Shadow Trader members and I reeled in some monster wins on Amazon (AMZN), Sunrun (RUN) and Rivian (RIVN) this week — the last of which is down over 25% today in underlying shares, and guess who had puts! 😎

There are 25 companies set to report earnings over the next 10 days, and I’m going to cover the hot ones I’m watching closest…

Be sure and join us at 1 p.m. ET Friday for some live trading action!

We’ve hit on 28 of our last 29 trades*… Yes, you read that right — BANG! This has been an insane year for trading, and this is my hottest strategy going!

So what do we have on tap heading into the final trading day of the week? 

Well, we only saw one big order for a company that’s reporting soon, Carvana. This play came in the weekly $45 puts — about $7.50 out of the money with market makers expecting a +$3.03 move. So this feels like a hedge in case the stock tanks on earnings. 

We also saw a monster long-dated play in Starbucks, and a trader that could be looking for a bounce in cybersecurity stocks scooping up some March monthly NET calls. 

Thursday’s Top Order Flow: 

  • SBUX Jun24 Strike: 100 Calls premium: $2,145,706 ABOVE ASK BULLISH
    Trade Date: February 22, 2024 Trade Time: 1:34 pm
  • CVNA Feb24 23rd Strike: 45 Puts premium: $222,826 ABOVE ASK BEARISH
    Trade Date: February 22, 2024 Trade Time: 10:01 am
  • NET Mar24 8th Strike: 102 Calls premium: $125,013 ABOVE ASK BULLISH
    Trade Date: February 22, 2024 Trade Time: 1:49 pm

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 

*Past performance is not indicative of any future results. Trade at your own risk. From 2/21/20 – 2/22/24 on live trades the win rate is 68.4%, the average return is 14.1% on the options over a 7 day average hold time, with an annualized return of 127%

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

P.S. One Last Go ’Round for My Earnings Rush 2024

If you missed my Thursday session, I’m going live one more time at noon ET on Friday for my Earnings Rush 2024!

I have 25 tickers reporting over the next 10 days that I’ll be looking to trade…

This also means I’m putting my earnings indicator to work on the stocks I’m looking to trade as we wrap up Q4 earnings season.

That said, if you haven’t signed up yet, you’ll want to do that ASAP so I can send you my FREE earnings indicator before we meet on Thursday…

And don’t worry. 

Once you complete your registration for my earnings rush event, I’ll help you install the earnings indicator for free.

Just use this link to complete your registration and you’ll hear from me right after.

Register Your Spot Here — See You Friday!


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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