Crush the Close with me and the great Jack Carter — LIVE at 3 p.m. ET TODAY!
I just dropped a new video, and trust me, you’re gonna want to check this out…
I’m diving deep into a space stock — these things have been on a tear! — that’s been getting a lot of attention lately: Intuitive Machines (LUNR), which was up another 6-plus percent this morning, and 120% the past three months.
This little stock has seen some wild price action, tripling in value after being left for dead. But here’s the kicker — there’s a lot more going on under the hood, and not all of it is good news.
In my video, I break down:
🚀 Insider selling that’s raising major red flags.
💼 A look at LUNR’s connection with NASA and whether it’s worth the hype.
⚠️ Why this might just be a pump and dump waiting to happen.
📊 My honest take on whether this stock is a good trade or a trap.
If you’ve been following the space sector or just love trading volatile names, you won’t want to miss this one!
Order Flow:
For orders Wednesday, we saw more bullish flow in Kohls (KSS), this time from the News Flow Scanner after we included a couple of KSS calls on Tuesday from the Penny Options Scanner.
This is SUPER long-dated, way, WAY out in January 2027. We’d never take a trade this far out — just noting additional bullish flow following Tuesday’s short-term plays.
Micron (MU) is on deck for earnings after the close. With the stock trading just up to $96 a share this morning, we saw two short bets on MU in the October monthly $96 and $98 strikes.
Puts are often hedges against long stock positions should they fall on events like earnings. We do, however, like them a bit more when they’re in the money, and these are both ITM.
Trade accordingly and respect that risk!
*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.
- MU Oct24 Strike: 98 Puts premium: $232,500 ASK BEARISH
Trade Date: September 25, 2024 Trade Time: 11:43 am - MU Oct24 Strike: 96 Puts premium: $155,485 ASK BEARISH
Trade Date: September 25, 2024 Trade Time: 10:55 am - KSS Jan27 Strike: 12.5 Calls premium: $120,750 ASK BULLISH
Trade Date: September 25, 2024 Trade Time: 9:47 am
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. Happy Crush the Close Day!
We’ve got a jam packed day planned and for the uninitiated…
This is a FREE live trading session where we’ll scan through orders hitting my Penny Options Scanner in real time!
And any day my buddy Jack Carter trades with us is a great day!
We can’t wait to see you all and have some fun!