Are you struggling to figure out when to take profits or how to identify the best trades?
In my latest breakdown, I answer some key questions from traders like you — keep sending your questions to Diana at Diana@trackingpub.com!
We’ll explore how to use tools like time, in-the-money options, and chart setups to find high-probability trades — and I’ll share examples with MSTR, CRM, and Peloton to show you what works.
I’ll cover…
⚡ Why some trades look great but don’t pan out.
🔍 How to handle wide bid-ask spreads effectively.
💡 Key strategies for following big-money buyers from scanners.
Order Flow:
We have a monster slate of earnings on deck for this week, and we’ve seen a ton of bullish flow into American Airlines (AAL), as noted in this very newsletter on Friday.
That bullish flow continued today, with four more orders in AAL calls ahead of its premarket report on Thursday.
We also saw some short bets in Verizon (VZ), which reports before the open Tuesday. As always, be aware that puts are often hedges against a long stock position should it tank on earnings.
These are also more than $1 out of the money, so if we really believed VZ was set to fall on earnings, we may go a bit closer to the money. These are fairly cheap weekly options — the $43.50 strike puts are about $0.78 a contract — so just be aware that they can and will turn against you in a flash if wrong…
And go to $0.00…
Finally, we saw a pre-earnings bet in RTX Corp. (RTX), which is a big aerospace defense company. This trader snagged the November expiration, $128 strike calls.
That does give me some time for the trade to recover if it falls a bit or stays flat on earnings.
As always, respect the risk and never trade more than you can afford to lose!.
*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.
- RTX Nov24 Strike: 128 Calls premium: $198,094 ASK BULLISH
Trade Date: October 21, 2024 Trade Time: 11:09 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. We’re Officially in Volatility Season
As historical performance during election years shows stocks could experience the most volatile period between now and Nov. 5th.
That’s because I’ve come up with a little “loophole” that lets me target overnight moves of $500 or more (based on a $2,500 starting stake)..
It’s all thanks to a phenomenon happening all across the stock market right now…
That’s opened up a new door for regular folks to grab their slice of the millions, sometimes even billions of dollars going into specific stocks each day.
Not in a month… Not in a week… But in as little as ONE day.
Of course, we can’t promise returns or shield you from financial downturns.
But since we’re only in the market a short time (one day/overnight), we can “sidestep” most of the market-warping news surrounding the election.
The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 5/19/22 through 9/10/24, the average win rate is 73.8%. The average return was 6.6% over a 6 day average hold time, the average winner was 28.9%. All examples based on $2,500 starting stake unless otherwise stated.
