Get my trading plan for Amazon earnings LIVE at 4 p.m. ET TODAY!
Both scanners are hitting on so many orders right now amid the thick of earnings season, it’s almost hard to keep up…
We’re seeing a lot of bullish activity today, but the story of the day is no doubt Intel (INTC).
Speaking of the scanners hitting on so many orders right now, guess what we saw late Thursday… If you guessed a big Intel order, well… Winner, winner, chicken dinner!
INTC Nov24 1st Strike: 23.5 Calls premium: $128,000 ASK BULLISH
Trade Date: October 24, 2024 Trade Time: 3:21 pm
When the order above hit, this play was trading for about $0.63. And if you’ve been following along for any length of time, you probably know how much we LOVE cheap options. I posted this in my Options Pit channel…
This morning? BANG — it topped $1.08 as a flurry of new buyers poured into INTC.
We posted today’s activity in the order flow below, but a word of caution…
What’s something we DON’T do?
If you answered, “We don’t chase,” well, again… Winner, winner, chicken dinner!
The plays in these Nov. 1 and November monthly expiration calls capture the company’s earnings event on Halloween, so they could be worth watching if one is feeling particularly bullish on Intel. We’ll update next week with order flow we’re seeing in the leadup to the company’s report.
2:10 p.m. ET update: INTC is now about 2.2% off the highs, so this stock has run out of steam for today.
2:30 p.m. ET update: Now INTC is rolling higher again — which literally started the minute we added the 2:10 update… LOL!
The scanners also hit it big on Amazon (AMZN), Alibaba (BABA) and others like these Micron (MU) weekly expiration (so today), $100 strike calls — that were deep in the money — that hit late Thursday.
MU Oct24 25th Strike: 100 Calls premium: $643,500 ASK BULLISH
Trade Date: October 24, 2024 Trade Time: 3:12 pm
I offered up the $105 and/or $106 calls for this play in my Options Pit, and those two trades are up 82,% and 97%, respectively, overnight as of 12:54 p.m. ET on Friday.
I’m hosting a special earnings event at 4 p.m. ET today, so be sure and join that if you’re interested in plays like these!
Because while the scanners consistently spit out amazing trades all year long, earnings season is really their time to shine!
And we have an absolute MONSTER week coming up, so let’s get ready at 4 o’clock — I’ll even share my earnings strategy for Amazon!
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
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Your $500 Earnings Discount Expires at Midnight!
I booked one more earnings prep session for this week at 4 p.m. ET TODAY, Oct. 25… woohoo!
Make sure you’re in the live room with me after the market close today so we can go through a few of my brand-new earnings signals together.
I already have a few that I like — don’t worry I’ll share them with you once I’m live!
But if you missed ANY of the Q4 earnings prep class this week, this is your last chance.
We already nailed earnings wins on VZ, RTX, ENPH and more…
And while I cannot promise future returns or against losses, I’m looking forward to a few more if all goes as planned.
Also, there’s a BIG discount expiring at midnight if you’d like to snag the News Flow Scanner, which is on fire every earnings season!
Grab the login link in my Telegram channel
I’ll also send a reminder out via my free Telegram channel — go here if you haven’t joined yet!