The dice rollers are HOT on the trail of Las Vegas Sands, and the trading has been fantastic!
We’ve seen multiple BIG-money orders following news that Miriam Adelson is selling $2 BILLION worth of LVS stock — about 10% of her majority share — to buy the Dallas Mavericks from Mark Cuban, who is also of course of Shark Tank fame.
LVS is running 20 times its average volume and they started buying the Dec. 29 expiration, $47 calls around $0.99. Then they jumped on the Dec. 22, $47 calls at around $1.05.
Both options popped — as the trader was probably popping some champagne — before retreating a bit as the day went on before popping again.
So the bulls were hammering these calls all day long… Vegas, Vegas, Vegas — which makes me want to go to Vegas! — with shares up as much as 2.3%!
You can get these trades in real time by following along with my News Flow Scanner — be sure and scroll down to check it out!
Thursday’s Top Order Flow:
- LVS Dec23 29th Strike: 47 Calls premium: $201,650 ABOVE ASK BULLISH
Trade Date: November 30, 2023 Trade Time: 9:52 am - LVS Dec23 22nd Strike: 47 Calls premium: $562,636 ABOVE ASK BULLISH
Trade Date: November 30, 2023 Trade Time: 10:23 am - CCL Jan24 Strike: 16 Calls premium: $360,000 ASK BULLISH
Trade Date: November 30, 2023 Trade Time: 12:48 pm - F Dec23 1st Strike: 10.5 Puts premium: $109,340 ASK BEARISH
Trade Date: November 30, 2023 Trade Time: 11:54 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. 3 Reasons to Be Bullish on Tesla
Shares of Tesla are up over 100% in 2023…
And over 2,800% over the past 10 years…
But there’s still a lot of upside inside Tesla, and a number of ways to play the stock.
And, according to my research, there are three big reasons to take a closer look at Tesla.
Catalyst No. 1: The Cybertruck Delivery:
The first Cybertrucks were delivered today. It was only 10 trucks, but they’re about to start rolling out soon!
And that means all those new deliveries will add a major boost to the number of monthly cars Tesla delivers to consumers.
Catalyst No. 2: Repercussions from unionized workers:
Some sources estimate Ford and GM lost $100 million a week during the UAW strike…
While the strike has ended, the three biggest U.S. automakers are now paying out A LOT more to workers.
Tesla does not suffer from a union problem…
Catalyst No. 3: Trading Cycles:
A lot of people don’t know this, but TSLA moves in fairly predictable trading cycles.
By my count, there have been 13 major bull cycles, and we could be on the cusp of the next one.
So If you want to see how I plan to trade Tesla over the next few weeks.
Check Out This Trade Designed Just for Tesla
