If you’ve missed my LIVE Platform X presentations, fear not… I’ll be live again at 10 a.m. ET on Thursday — with 3 free trades!
It’s another massive day with more to come about my new trading tool Platform X, but also some big news about my favorite stock: TKO Group Holdings…
Which is the parent company of World Wrestling Entertainment and Ultimate Fighting Championship.
TKO was up over 20% this morning after news broke that Netflix — which reports earnings after the close Tuesday — will be the place to watch WWE Raw beginning next year in the company’s biggest live sports coup yet!
Not only that, but The Rock, with Vince McMahon and Triple H at his side, rang the opening bell at the New York Stock Exchange this morning.
The NYSE welcomes @TKOGrp in honor of appointing Dwayne @TheRock Johnson and Brad Keywell to the Board of Directors! $TKO | @ufc | @WWE pic.twitter.com/0Azp3C2adb
— NYSE 🏛 (@NYSE) January 23, 2024
Like I said, TKO is my favorite stock ever — and my biggest position ever!
Airline stocks are also up today on the heels of United Airlines’ (UAL) earnings report after the close Tuesday, and it has been a fantastic year trading so far!
UAL was up as much as 9.6% this morning after the open…
So what do we have in store for today? How about the aforementioned Netflix earnings!
We got a couple of put orders in the streaming giant — just remember that puts are often insurance against a downside move for institutions who are actually long the stock, especially when they’re out of the money.
We also saw some in-the-money puts for AT&T (T), which reports before the open Wednesday, and some cheap weekly calls in Freeport-McMoRan, which also reports before the open tomorrow.
Tuesday’s Top Order Flow:
- NFLX Feb24 2nd Strike: 470 Puts premium: $293,670 ASK BEARISH
Trade Date: January 22, 2024 Trade Time: 3:22 pm - NFLX Feb24 2nd Strike: 475 Puts premium: $236,385 ASK BEARISH
Trade Date: January 22, 2024 Trade Time: 12:54 pm - T Jan24 26th Strike: 17 Puts premium: $117,000 ASK BEARISH
Trade Date: January 23, 2024 Trade Time: 11:45 am - FCX Jan24 26th Strike: 38 Calls premium: $103,667 ASK BULLISH
Trade Date: January 23, 2024 Trade Time: 12:22 pm
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. 3 Tickers to Watch for the Next 2 Weeks
We’re not very far into January, but already this month, a number of stocks are performing quite well.
MRNA is up 15%…
WYNN is up 7%…
And ALL is up 7%…
Now, these aren’t names you’d expect to lead the market in the new year…
But the question is, why are these particular stocks leading the way in 2024?
Well, it comes down to a single attribute that can be measured inside every stock listed in the S&P 500.
In fact, this attribute is often associated with the rise and fall of every stock in the market.
And it just so happens to be the same one that Platform X accounts for when ranking stocks.
And It Just Flagged a Few More Tickers
The profits and performance shown are not typical. We make no future earnings claims, and you may lose money. These trades expressed are from historical backtested data in order to demonstrate the potential of the system.
