🚨 I’ll be on at 3 p.m. ET 🚨
If you missed this morning’s pre-IPO event, you still have a chance to tune in at 3 o’clock and discover the stocks with potentially greater upside than SpaceX!
You probably know that I’m a contrarian when it comes to trading, so let me tell you something that may sound completely backward…
I’ve been deliberately targeting the worst-looking charts in the market here lately. Not mild pullbacks or soft consolidations. I mean the bad apples, stocks everyone has written off.
And there’s a reason I’m doing it now…
The market is drowning in fear even though we’re only a few points off all-time highs. Everywhere you look, people are acting like we’re down 40% instead of 4%.
That kind of panic usually sets the stage for explosive reversals. When sentiment gets this extreme, the setups hiding in the ugliest corners of the market often become the most powerful.
There’s another part to this equation…
The good charts have been hit with heavy profit-taking — likely so at least some of that money can go into SpaceX tomorrow.
Money doesn’t just disappear when that happens. It rotates. And lately, a lot of that rotation has been landing in names that aren’t near highs, stocks nobody wants to touch. That’s where the opportunity has been.
The Contrarian Setup That Makes Perfect Sense
When bearish sentiment is maxed out like this, I don’t want the clean charts at highs. Those are the ones catching the brunt of selling. I want the names that already absorbed damage and have room to rebound.
That’s why recent setups like Chewy (CHWY) caught my eye — horrible chart, high short interest and clear asymmetric potential.
I’ve been applying the same lens to names like U.S. Gold (USAU) and Oracle (ORCL). These kinds of stocks can swing hard both ways, but that’s exactly why they work in this environment.
You’re not buying perfection. You’re buying pressure release.
But let me be clear — these are volatile plays and not for everyone. You can get 10% pops followed by sharp pullbacks. Liquidity isn’t always great either. You need risk limits and the stomach to handle the swings because they come fast.
And sometimes the trade falls apart before you even enter. In Chewy’s case, the options were priced so badly that even a 10% rally wouldn’t have produced meaningful returns. When you need a 15% move just to break even, that’s not a setup you take.
Ugly charts do NOT guarantee good trades — the pricing has to make sense too, so this approach may not be for beginners.
Where the Real Opportunity Lives Right Now
Every day the media is blasting out bearish headlines because that’s what gets clicks. Outrage sells. Fear sells. And when enough people buy into it, they miss the fact that markets often snap back violently after periods like this. That’s why I’m not chasing headlines or pretty charts. I’m positioning where fear has created opportunity.
This approach isn’t for everyone. It can feel like sitting at a slot machine where you know the odds aren’t always great and you have to accept the side effects that come with the ride. That’s why position size and emotional discipline matter as much as the chart itself.
If you can handle the volatility and focus on setups instead of noise, the ugliest charts in the market might give you the cleanest opportunities right now.
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.
When you look at these plays, always take the market maker move into consideration.
You can be right on the direction but still lose money if the stock doesn’t move enough. That’s where the market maker move comes in clutch.
With puts, they’re often downside hedges in case a stock tanks, especially around earnings. The further out of the money they are, the more likely they are to be hedges.
Also be sure and check when the company’s earnings date is because many of the plays we post here are centered around earnings!
If a stock is really expensive, consider a spread to lower the cost.
And finally, always remember the golden rule when it comes to buying calls: Buy dips, sell rips — and don’t chase!
If a stock’s moved a ton already today, maybe wait for a pullback.
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
Important Note: No one from the team at Lance Ippolito Trading, New Money Crew or any of its associated brands will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Missed the Pre-IPO Event This Morning? You Still Have a Chance at 3 PM ET!
It’s why I made sure today’s event happened well in advance, so you’d have time to get your ducks in a row — so to speak.
That said…
If you missed out or for any reason couldn’t attend…
You’ve got a second chance right now — tune in here by 3 p.m. ET!
I’m going to take you through everything we covered…
Including the stocks I believe have even greater potential to run than SpaceX itself!
No trading guarantees, of course…
But if you want to see exactly how I’m positioned well before the IPO drops…
