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Santamania Alert: Will HOOD’s Investor Day Deliver the Ultimate Holiday Gift?

by | Dec 4, 2024

TSLA IS UP 40% THE PAST MONTH, AND THE NEXT PERFECT TESLA TRADE COULD BE ON DECK — LIVE AT 2:30 PM ET THURSDAY!

First, the Christmas season is in full swing… which means a very special guest may arrive for today’s 3 p.m. ET Trade the Close session — Santamania!

Be sure and join us for some live trading fun!

That said, we turn our attention to the time being to what’s happening in the world of unusual options activity today…

Which just so happens to be Robinhood Investor Day 2024, which is going on as we write this. While we don’t know what will ultimately come of this event, we do know that shares are up 4.4% as of 1:20 p.m. ET. 

And we also know that we’ve seen a flurry of options activity in HOOD, most of which is very short-dated, but we also saw an intriguing longer-dated play…

For the short-dated stuff, it all came in the weekly expiration, $36.50, $38 and $39 strikes. Most of the juice is of course going to be squeezed out of these plays by — unless of course Robinhood announces something that really blows peoples’ hair back during the event. 

We also saw a short bet, but it was extremely deep in the money at the $45 as shares trade right at $40 apiece. 

We wouldn’t touch that with a 10-foot pole but the buyer could make out nicely if people decide to sell the news on this event. 

What caught our eye was a longer-dated play. Granted, we don’t typically like to trade things that are a few months out, and it is quite a few bucks out of the money at the $49 strike (February expiration). 

However, it also captures the company’s Feb. 12 earnings report, and market makers expect a move of $10.82 higher or lower. So this could end up being a pretty juicy play that costs around $2.50 a contract as of today. 

If one really likes HOOD over the next couple of months, it may be wise to slap this baby on a watchlist and watch for any dips to add or go long.  

As far as earnings plays this, the only thing that wasn’t super long-dated well into next year or even 2026, we did see a short bet in Signet Jewelers (SIG) in the weekly $97 puts. 

Now, puts are often hedges against long positions, and this stock is up about 23% the past three months. It’s also about $9 off the high from Nov. 25 and in a clear downtrend since then. 

This is also right smack in the money with shares trading around $97.70 today and market makers implying a move of $10.76 higher or lower, which makes it a little more attractive if one feels strongly about SIG falling on earnings.  

This is, however, a weekly play. And that means it can and will go to $0 FAST if wrong. 

Always keep that risk in mind before clicking that mouse or phone and entering trade!

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. 


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. WARNING: Don’t Trade Another Stock Until You See This

Sorry, financial gurus, but my trading strategy breaks all of the rules! 

I don’t spend hours dissecting a company’s financial statements… I don’t get wrapped up in technical analysis… 

And I don’t wait for some goofy pattern to appear on a chart. 

In other words, my trading strategy isn’t as difficult as you might think. 

I just wait for a little green light to flash…meaning there could be market-moving news on the horizon… 

Then place my trade… And in most instances when things work out, we rarely wait more than 24 hours to take profits. 

Some of my most diligent followers have placed these trades alongside me.

Like Phil, for instance… 

Naturally, there are much smaller wins and trades that don’t work out, but I was proud as a peacock when Phil wrote back with that result. 

Now, I can’t promise future profits or against losses… 

But I CAN promise to show you how to make these types of trades about twice per week. 

See My System In Action Here!

Past performance is not indicative of any future results. Trade at your own risk. From 2/21/20 – 11/26/24 on live trades the win rate is 69.98%, the average return is 11.95% on the options over a 5 day average hold time.

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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