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All you have to do is drop a comment on a YouTube video of what you’d like me to cover next.
We’re going to discuss today how I trade earnings and target the best options possible — an idea I got from a YouTube commenter!
I did this using Carnival Cruise (CCL) as an example… I also explained how to use my free earnings indicator (more on that below) to identify potential price targets, and choose options that offer a good risk-reward balance.
Finally, I like to consider correlated stocks — some of which may offer cheaper ways to play an earnings event — and I’m always aware of the potential for unexpected events to impact earnings results.
Here are some highlights:
📈 Use a free earnings indicator to identify potential price targets.
💰 Choose cheap options for lower risk and the potential for higher gains.
🤝 Consider correlated stocks to diversify risk and reduce losses.
⚠️ Be aware of potential unexpected events that could impact earnings.
🎉 Look for opportunities to double your money with a winning trade.
Now, for the earnings indicator, the code below only works in Thinkorswim.
https://tos.mx/!aFjhzmm5
Go to top right Setup gear in TOS and click that, then click Open Shared Item, paste the code, click the Open Shared Item check box in the bottom left of the window, then press Preview, and then Import.
Then go to the Charts tab and click the beaker symbol.
Find earnings_indicator among your Studies, and Add Selected. Press Apply and OK, and you’re done!
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
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
Did you catch the Apollo Smart Algo World Premiere?
If you missed it, you can watch the recording here.
You’ll want to make sure you do because traders from all over the world rushed to our headquarters in Jacksonville, Florida, for the LIVE trading session!
I drove in from Tampa…
Trading superstar Graham Lindman was there…
And up-and-coming trader Nate Tucci flew in all the way from Pittsburgh!
Of course, we can’t promise future returns or against losses…
But if you hurry, some of these entries from the LIVE trading session might still be good.
So if you want to see the brand-new “smart algo” that’s been averaging 2.8 wins per day for the last two months…
Check Out the Apollo World Premiere HERE!
Disclaimer: The profits and performance shown are not typical and you may lose money. From 4/17/24 – 6/19/24 the result for trade alerts issued in real time was a 77% win rate on 234 trade alerts, with an average return of about 2% on the underlying stock including winners and losers with an average hold time of 3 days. When hypothetical options were applied to trade alerts, the average return was 22.3% over a 3-day hold time. Performance is not indicative of future results. Trade at your own risk and never risk more than you can afford to lose.
