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Everything has been ripping — small caps, crypto, junk names, you name it. The VIX was collapsing (it’s under 18 today). The squeeze was on. Traders were piling into the worst charts imaginable, and the market was in full risk-on mode.
So what did I do?
I bought gold. I rotated into safety plays. Boring names. Allergy stocks. Band-Aid stocks. Anything that wasn’t chasing the insanity.
Why I Don’t Trust a Market Melt-Up
This was one of those mornings where you could’ve thrown a dart and hit a stock up 10%. Dollar General (DG) filled its gap. TKO (TKO) started to rally. Semiconductors looked like crack. Nvidia (NVDA) was on the verge of a breakout. Everything was going straight up. And that’s exactly when I start pulling back.
It’s not that I didn’t make money — I did. I had huge wins on Intel (INTC), Lululemon (LULU) and Dollar General calls. But when the entire market feels like a short squeeze party, I’d rather step back than double down.
So I sold into the strength and moved into lower-risk names.
When the Crowd Gets Loud, I Get Quiet
That’s the playbook. When it gets too easy, I stop pressing. Because here’s the truth — it’s hard to buy at the top of a squeeze, and even harder to know when the music’s going to stop.
You wake up, everything’s green, and then some Fed speaker talks and it spikes again. No pullbacks. No breathers. Just nonstop melt-up.
That’s why I shifted into safety. Gold may be boring, but it doesn’t blow up in your face after a 20% candle. And in a market this hot, boring is exactly what I want.
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.
When you look at these plays, always take the market maker move into consideration.
You can be right on the direction but still lose money if the stock doesn’t move enough. That’s where the market maker move comes in clutch.
With puts, they’re often downside hedges in case a stock tanks, especially around earnings. The further out of the money they are, the more likely they are to be hedges.
Also be sure and check when the company’s earnings date is because many of the plays we post here are centered around earnings!
And finally, always remember the golden rule when it comes to buying calls: Buy dips, sell rips — and don’t chase!
If a stock’s moved a ton already today, maybe wait for a pullback.
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
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
Important Note: No one from The TradingPub team or any of its associated brands will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. The 4PM Payout Setup Delivered Nothing But Winners in May
If you couldn’t join in last month, there’s another chance to tag along as we go after these daily cash opportunities in June!
