I’m at a conference in South Beach but wanted to share a quick market update…
I’m keeping an eye on a few opportunities, particularly in space stocks and tech, where high volatility and upcoming earnings are shaping up to be key factors.
Remember to stay cautious this week as implied volatility is rising, especially in some of the major players like Tesla — making options pricey.
Here’s a breakdown of what I’m watching:
🚀 AST SpaceMobile (ASTS): Potential for a short squeeze this week with earnings approaching. Recent high volume in calls suggests interest in this space stock. We hit on a big win in this newsletter on Rocket Labs (RKLB) — more after the link!
📈 Shopify (SHOP): Strong call buying, though high implied moves — it may be worth waiting for a pullback.
💰 Gold and Silver: Both metals dropped significantly, impacting SLV puts I shared for free on Telegram — these babies are up BIG!
🔋 Tesla (TSLA): Options getting expensive due to high implied volatility. Expect a potential $25 range this week for shares.
Let’s trade carefully and stay prepared for any shifts!
Order Flow:
We’ve hit on several big-time plays of late, including the aforementioned ASTS above, which is up over 30% since we highlighted it last Thursday.
We included the ASTS order from last week below. The stock is up big today so this one’s probably best to add to a watchlist and maybe wait for a pullback.
The company reports Thursday after the close.
We also covered Rocket Lab (RKLB) on Friday, and with shares up as much as 12.4% today…
This one is a proverbial rocket, up from $0.73 at the time it was published to a peak of $1.85 this morning!
For this week, we saw a couple of potentials…
Market makers are expecting a move of $2.09 higher or lower on the announcement with shares trading just over $90 apiece today, up 3.6% as of this afternoon, so look for a pullback (which we may not even get in time).
We also saw a short bet in the December $35 puts for Zeta Global (ZETA). This isn’t a ticker we see often if ever, and shares are up a ridiculous 325% year to date.
These puts are under $2 out of the money with market makers expecting a move of $7.24 higher or lower. This could either work out beautifully if shares pull back, but on the other hand…
It could also be like stepping in front of a freight train since this stock is such a big mover.
As always, we respect the risk involved here!
*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.
- SHOP Nov24 Strike: 97 Calls premium: $396,880 ASK BULLISH
Trade Date: November 11, 2024 Trade Time: 11:22 am - SHOP Nov24 22nd Strike: 92 Calls premium: $200,100 ASK BULLISH
Trade Date: November 11, 2024 Trade Time: 10:30 am - SHOP Apr25 Strike: 100 Calls premium: $122,265 ASK BULLISH
Trade Date: November 11, 2024 Trade Time: 1:42 pm - SHOP Nov24 Strike: 92 Calls premium: $863,716 ASK BULLISH
Trade Date: November 8, 2024 Trade Time: 3:05 pm - ZETA Dec24 Strike: 35 Puts premium: $242,756 ASK BEARISH
Trade Date: November 11, 2024 Trade Time: 12:42 pm - ASTS Nov24 Strike: 23 Calls premium: $274,668 ASK BULLISH
Trade Date: November 7, 2024 Trade Time: 12:12 pm
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. Genesis Hour: The Key to Double- and Triple-Digit Moves
And it’s proof that contrary to what most so-called experts want you to believe…
The stock market’s peak activity happens during the middle of the day.
As you can clearly see from that chart, there’s hardly any money to be made in the opening and closing hours of the day…
The real money is made during one very specific hour of the day.
We call this time of day the “Genesis Hour.”
And anyone who can identify the stocks breaking out during the Genesis Hour can repeatedly target moves of 25%… 50%… even 100% in just about 24 hours.
If you want to see exactly how you can take advantage of the Genesis Hour…
I’m joining the legendary Tom Busby at 2:30 p.m. ET on Tuesday!
We’ll See You Then!
The profits and performance shown today are not typical. We make no future earnings claims, and you may lose money. The trades expressed are from historical data in order to demonstrate the potential of the system. However, from June 9th, 2023 – November 11th, 2024 on the LIVE trades in real time, so far we have seen a 78% win rate with a 17.8% average winner and a 6.2% average return over a 2 day average hold time.
