>>> THREE trade alerts are dropping at 3 p.m. ET TODAY — and we’re offering a massive discount! <<<
Once again, we are seeing massive inflows of money into a stock we covered Thursday, PDD Holdings (PDD), formerly known as Pinduoduo.
We saw a total of nearly $10 million invested in just four plays Thursday, and then another $9 milly Friday morning right after the open.
We covered this in full in The TradingPub this morning, so be sure and check that out for the new order details!
As for what else is hitting today, we saw an order in a stock that members of Shadow Trader just scored a massive victory in… Dell (DELL).
Take a look at this trade — which is of course above average and not your typical gain. We’re all about having everything above board around here, so you can see full strategy results and what to expect as far as typicality in this screenshot as well…
And it just so happens that Dell is back on the clock with earnings coming after the close on Thursday!
So a trader grabbed $132K worth of the June monthly expiration, $170 strike calls with shares up over 8% at one point Friday.
Then later, we spotted another Dell play, this one closer to the money but expiring next week — respect that risk!
Dell has been on quite the tear, up nearly 12% the past week, 38% the past month, 77% the past three months and 118% year to date — BANG!
We also threw in a Costco (COST) play that captures earnings on Thursday and then some — it doesn’ expire until September, so it’s a much longer-dated play.
We also started seeing money flowing into Nvidia (NVDA) again after things slowed drastically into its blockbuster earnings report this week and pending 10-for-1 stock split.
As always, be careful with the short-dated flow because it can turn on you in a hurry!
Friday’s Top Order Flow:
- DELL Jun24 Strike: 170 Calls premium: $132,060 ASK BULLISH
Trade Date: May 24, 2024 Trade Time: 10:44 am - DELL May24 31st Strike: 162.5 Calls premium: $131,920 ASK BULLISH
Trade Date: May 24, 2024 Trade Time: 12:37 pm - COST Sep24 Strike: 800 Puts premium: $273,005 ABOVE ASK BEARISH
Trade Date: May 24, 2024 Trade Time: 11:39 am - NVDA Jun24 7th Strike: 1050 Calls premium: $341,400 ASK BULLISH
Trade Date: May 24, 2024 Trade Time: 12:11 pm - NVDA Jun24 7th Strike: 1055 Calls premium: $378,000 ASK BULLISH
Trade Date: May 24, 2024 Trade Time: 12:11 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. It’s Time for a Long Holiday Weekend… and 3 Brand-New Trades!
Take a look at this…
What you’re looking at is the result of trades of the last three years that Lance Ippolito took right before a long holiday weekend.
Each weekend he took these trades was followed by a Monday where the markets were closed due to a holiday.
After posting 275 winning trades so far, we noticed that giving trades an extra day to simmer has worked out great…
And that’s exactly what these long holiday weekends do.
This is part of the reason why we’re so excited for Memorial Day.
Lance will have three new trade opportunities ahead of the weekend, and he’s going to deliver them to members during a live trading session at 3 p.m. ET TODAY!
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 5/23/24 through 8.13%, the average win rate is 70.2%. The average weighted rate of return on options trades was 8.13% over a 3 day average hold time.
