Thursday, May 23, 2024

BIG-Money Traders Sank Nearly $10 MILLION Into This Ticker on Thursday

That’s a hefty sum of premium…
 
   
     
SPECIAL EDITION
 

Since I’ve been doing some live events with Lance, I thought I might send his newsletter your way so you can get a better feel for how he trades…

You won’t find a better trader when it comes to tapping into unusual options activity! So here’s his newsletter from today, along with some analysis of a couple of trades that caught his attention…

— Jeffry Turnmire

P.S. Keep an eye out. I’ll be sending you a link to join our free, live event tomorrow at 1pm Eastern.

 

 
 
Get Lance and Jeffry’s Top 3 trade ideas heading into the long holiday weekend, and a shot at 3 options plays — LIVE at 1 p.m. ET on Friday! 

Traders Sank Nearly $10 MILLION Into This Ticker on Thursday
 
 
 

Well that’s it, Nvidia (NVDA) earnings day has come and gone. The king of chip stocks is up big today, over 10% after crushing earnings and doing a 10-for-1 stock split, which will have the options traders champing at the bit.

NVDA is the ticker that hits my News Flow Scanner most, though, action slowed considerably into the earnings date with premium skyrocketing along with the risk. 

Now it feels like Pinduoduo (PDD) is the new NVDA considering how often it’s been hitting the scanner of late. 

The stock’s up over 20% over the past month, and traders have been hot on it, with four more orders coming in by lunchtime Thursday…

Ideally, I would dip buy this stock and its options IF it dips in the near future. 

With PDD up nearly 8.5% at one point Thursday, both the bulls and bears were laying down massive bets. The four orders totaled a staggering $9.9 MILLION in premium!

 
 
These Stocks Hit My News Flow Scanner

The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 9/24/21 through 5/23/24, 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.
 

 
 
I’m Also Covering…
 
1 More NVDA Earnings Play and Interesting Flow in a Potential Rebound Stock
What the Bulls, Bears Are Buying in Nvidia for Earnings



 
 
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 and scammers. 

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. 

 
   
 

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