We’re seeing a flight to safety and dividend stocks Tuesday as the high-flyers have been selling off like crazy…
But first, we ran a poll Monday and I appreciate everyone taking the time to vote!
Long story short, I’m going to start with a $25K trading account and try to quadruple it in order to buy myself a sports car.
It sounds crazy, I know — and there’s a very good chance this account gets crushed because I’m going to trade it very aggressively while the market’s already at all-time highs…
This vote was super close, 52% to 48% in favor of the $25K account, so thanks again to everyone who took the time to participate!
I will of course keep everyone posted on my progress!
Back to Tuesday’s market…
The crypto names like Marathon Digital (MARA) Riot Platforms (RIOT) are selling off BIG today, and that’s good for dividend stocks in the flight to safety.
And there’s a perk to trading thes names — they’re not as expensive!
Check out my video up top for the full rundown… As for what’s hitting the scanner Tuesday, we have two earnings plays, one bought today and one Monday, and then an interesting order that fits the bill in what I discussed in today’s video… a flight to safety in KO!
The CRWD and ANF orders will easily go to $0 if wrong, so respect the risk!
Top Order Flow:
- CRWD Mar24 8th Strike: 300 Calls premium: $169,500 ASK BULLISH
Trade Date: March 5, 2024 Trade Time: 12:10 pm - ANF Mar24 8th Strike: 137 Calls premium: $273,480 ASK BULLISH
Trade Date: March 4, 2024 Trade Time: 10:27 am - KO Dec24 Strike: 62.5 Calls premium: $107,004 ASK BULLISH
Trade Date: March 5, 2024 Trade Time: 11:14 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.
Shares of Tesla have been pretty disappointing in the new year.
It’s down over 25% including Tuesday’s dip…
But on the other hand, our Perfect Tesla Trade strategy has been clutch.
In fact, it’s undefeated in 2024…
That’s six winning trades in a row, with the longest hold time being just five days…
You can see what I mean.
Of course, I’m not saying every trade wins, but Tesla is coming off a strong week, and we might see our next Perfect Tesla opportunity on March 7…
Obviously, I can’t promise that a new opportunity will present itself or that it’ll be a winner…
But things are setting up nicely…
Past performance is not indicative of any future results. Trade at your own risk. From 7/20/23 – 3/1/24 on live trades the win rate is 75%, the average return is 20.07% on the options over a 3 day average hold time.
