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META Is Trading Like a Meme Stock and 3 Trades Ahead of the Weekend

by | Feb 16, 2024

Have you seen what’s been happening with Facebook parent Meta Platforms lately? This ticker’s been trading like a meme stock!

Past month: Up over 30%. Past three months: Up over 43%… 

And some traders cashed in big time on Thursday. Just check out this action!

META orders and trading chart

And with shares sinking nearly 3% Friday morning, the big-money bulls were back looking for a bounce, targeting the Feb. 23 expiration, $475 strike calls, and the March 1 $490s…

Earnings flow heading into next week was a little slower than usual, but I added a couple of orders we got this week for Walmart and Transocean. 

The market is closed Monday so we’ll be back on the earnings hunt next Tuesday.

If you’d like to get three trades heading into the weekend, be sure and check out my Wiretap Alerts special going on RIGHT NOW!

Friday’s Top Order Flow: 

  • META Feb24 23rd Strike: 475 Calls premium: $258,451 ABOVE ASK BULLISH Trade Date: February 16, 2024 Trade Time: 11:18 am
  • C Dec24 Strike: 55 Calls premium: $1,149,985 ASK BULLISH
    Trade Date: February 16, 2024 Trade Time: 12:01 pm
  • WMT Dec24 Strike: 175 Calls premium: $860,475 ASK BULLISH Trade Date: February 13, 2024 Trade Time: 11:22 am
  • RIG Jan25 Strike: 4.5 Calls premium: $191,247 ASK BULLISH Trade Date: February 13, 2024 Trade Time: 9:51 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. Act Fast and Get 3 New Trades By 3 p.m. ET TODAY 

It’s time for another long holiday weekend, so you know what that means…

The Long Weekend Effect is BACK!

My Wiretap Alerts trading strategy is the only weekend trading program I know of that’s consistently outperformed the market. And I can back that up!

Since we officially launched the Wiretap program in September 2021, we’ve crushed it…

  • 250 winners… 104 losers.
  • Average hold time… THREE DAYS — over the weekend!
  • Average weekend return: 14.5%.

Wiretap Alerts track record

So if you are ready to trade your first THREE Wiretap Alerts starting today at 3 p.m. ET when the trades are posted…

Act fast to get the details here…

Along With an Amazing Deal!


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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