loader image

It’s a Holiday Options Frenzy in Crypto Stocks 

by | Dec 22, 2023

Friday was the last trading day before Christmas, so volume was about what  you’d expect…


By lunchtime on the East Coast, trading volume in the SPY (S&P 500 ETF) and QQQ (Nasdaq 100 ETF) were both below 30% of the daily average, but we still managed to see a couple of interesting orders hit the News Flow Scanner…

While volume is way down for most stocks, crypto names bounced hard with big buying…

Bitcoin mining companies Riot Platforms (RIOT) and Marathon Digital (MARA) certainly weren’t lacking for trading volume with shares surging over 6.2% and 8.5%, respectively, by noon ET. 

We saw bullish, big-money traders step in to buy the weekly and next week $25 and $27 strike calls, respectively, in MARA, and the weekly $16 calls in RIOT. 

Both of these names have been peppering the tape all week long, and these tickers are up HUGE for the year, with RIOT up over 400% and MARA up over 640% — BANG 🚀!

Is there more upside ahead? These bulls certainly seem to think so!

We also saw a BIG million-dollar order in Alcoa, so check out the day’s top flow below…

And have yourself an amazing long holiday weekend!

Friday’s Top Order Flow: 

  • AA Feb24 Strike: 40 Calls premium: $1,072,480 ASK BULLISH
    Trade Date: December 22, 2023 Trade Time: 10:34 am
  • RIOT Dec23 22nd Strike: 16 Calls premium: $270,270 ASK BULLISH
    Trade Date: December 22, 2023 Trade Time: 10:27 am
  • MARA Dec23 29th Strike: 27 Calls premium: $143,916 ASK BULLISH
    Trade Date: December 22, 2023 Trade Time: 11:29 am

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 

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

P.S. How I Picked My No. 1 Stock for 2024 

Folks who have been asking…

Lance, how did you pick your No. 1 stock to trade for 2024?

And here’s my response: By looking out for these “Insider Imprints.”

Now, if you don’t know what an imprint is, don’t worry, I’ll show you what they are and why they’re so important.

Once I catch an imprint on a particular ticker, it’s a clear buy signal for me.

And that’s because leveraging these “imprints” helped me win my last six trades in a row, including: 

  • A 42% winner on Oct. 23 after 16 days…
  • A 22% win on Oct. 31 after four days…
  • A 57% win on Nov. 8 after six days…
  • A 36% win on Nov. 27 after two days…
  • A 25% win on Dec. 6 after two days…
  • And a 28% win on Dec. 13 after two days…

Now, I can’t promise that my No. 1 stock for 2024 will yield the same results as these last six trades — it’s the stock market, anything can happen.

But if you want to know what imprints are & why I’ve never been more BULLISH when it comes to trading them…

Check This Out

*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 3/1/20 through 12/22/23, the average win rate is 71.4%, the average return per position is 8.68% with an average hold time of 20 days. 


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

What to read next

Have any questions? Contact Our Customer Service Team

Share via
Copy link