>>>This stock could be on the runway preparing for takeoff!<<<
If you caught my video and this newsletter on Friday and Monday, then you probably know that we’re pretty bullish on space stocks around here…
And for good reason!
Two stocks we’ve mentioned the past couple of days are Rocket Labs (RKLB) and AST SpaceMobile.
It started Thursday, when we first discussed RKLB as a potential earnings play with an ideal setup of the order hitting the tape several days before the company was set to report…
The ideal scenario being you get in several days early and hope to ride momentum higher, selling rips and then maybe holding on to a contract for an earnings grand slam IF things go your way.
Well, RKLB went from about $0.70 a contract at the time we published it that Friday, bouncing to $1.85 on Monday for what could have been more than a double — before the company even reports!
That way you can lighten your position, taking those potential profits off the table and leaving a runner on for its Tuesday post-close report for a potential grand slam…
And then BANG — Rocket Labs crushed earnings and the stock is up over 50% today!
Those $0.70 contracts peaked at $22.44 today. You absolutely cannot draw it up any better than this dream scenario.
Then on Monday, I did a video about AST SpaceMobile, which reports after the close Thursday. We also had the ASTS November monthly expiration, $23 strike calls in last Thursday’s newsletter, when they were trading around $1.80 a contract.
Riding the coattails of RKLB’s big report, ASTS bounced as much as 28% this morning, sending those calls to a peak of $8.70 — before the company has even reported!
Speaking of riding coattails, I’ve been in this one all the way!
We saw some more ASTS calls hit today, with a new strike that’s in the money…
Of course, they don’t all work out like that. For every monster home run, there are probably just as many duds. This is why you take risk off the table when you get those rips and book those profits.
So what do we have in store today? We got another ASTS call that hit the scanner, listed below. Not sure how much juice is left to squeeze here, though, after today’s insane rip…
Disney (DIS) reports before the open tomorrow, and the November $101 calls we posted Monday are still in play, with shares trading just above $102 — so one could theoretically go with a higher strike with market makers implying a move of $6.82 higher or lower on the report.
Just know that these can and will go to $0 if wrong or if the stock doesn’t move enough in your favor.
We also saw a weekly bet Cisco Systems (CSCO), which reports after the close today, hit the Penny Options Scanner. Market makers are implying a move of $3.38 higher or lower, and a trader snagged the Nov. 22, $62 calls with shares around $58.70.
Finally, it’s a bit on the pricey side… which we don’t love… But we did see a flurry of orders in Snowflake (SNOW), which reports after the close on Nov. 20.
One could maybe slap these calls on a watchlist and wait for a potential dip, especially with the stock up about 6% at lunchtime today. Just note that the first SNOW order listed expires this week and does not capture earnings.
As always, respect that risk and never trade above your means — or you can quickly wreck your entire account.
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.
- DIS Nov24 Strike: 101 Calls premium: $149,825 ASK BULLISH
Trade Date: November 11, 2024 Trade Time: 2:40 pm - ASTS Nov24 22nd Strike: 29 Calls premium: $172,960 ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 11:39 am - SNOW Nov24 Strike: 132 Calls premium: $103,800 ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 12:20 pm - SNOW Nov24 22nd Strike: 140 Calls premium: $282,890 ABOVE ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 10:37 am - SNOW Nov24 22nd Strike: 150 Calls premium: $163,146 ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 10:30 am - SNOW Jun25 Strike: 170 Calls premium: $974,133 ABOVE ASK BULLISH
Trade Date: November 13, 2024 Trade Time: 9:52 am
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
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. This Stock Could Be on the Runway for Liftoff
Ask an analyst what the best stocks out there are, and they’ll probably mention most of what you already know…
Nvidia, Alphabet, Meta or even Apple.
But right now, I wouldn’t choose any of those stocks… Because after finding this one stock, I was blown away.
You see, the stock in question has had quite a few wins for the past six months…
And one of them is soaring a massive 176%!
Looking at how this stock has done in the past few months, I believe that’s just the starting point… and it’s building up the runway for even more wins…
Which is why I’m preparing myself to take a quick flip trade on the stock…
Using the same strategy that has shown the power to pay out an extra $500 or more almost every time we place a quick trade (with a $2,500 starting stake)…
If you’d like to see more details about this stock and why I love it… PLUS, my plan for trading it…
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 5/19/22 through 10/29/24, the average win rate is 74.17%. The average return was 6.16% over a 6-day average hold time, the average winner was 28.5%. All examples are based on a $2,500 starting stake unless otherwise stated
