It’s a hot summer day and we’re seeing some hot trading out there as we cruise into the weekend and into July!
Some big orders are hitting the tape in the EV names like XPEV and LCID Friday after Lucid signed a splashy deal with high-end automaker Aston Martin sending shares higher across the sector.
We’re seeing some sticky momentum among some individual stocks and it’s made for fantastic moves for traders to take advantage of, so let’s stick with what’s working and target that outsized order flow…
The profits and performance shown are not typical, and you may lose money. From 2/21/20 to 6/28/23 on live trades the win rate is 67%, the average return of winners and losers is 13.2%. The average winner is 52.3% on the options over a 7 day average hold time.
Biggest Order Of The Day: C
Thanks to my personal options scanner, we found a huge $540K hit on ticker C. If this is your first time seeing this, that’s OK!
I love to trade options… And my scanner picks up the biggest institutional options purchases — what I call unusual options activity — every single day. YES — this is a real order someone placed.
What can you and I do with this? Follow along! Someone believes this stock is going to head higher. In fact, they were willing to put a ton of money down on it… So there may be a mega move to follow!
Pretty cool, right? Want to see more large options purchases on stocks like Tesla, Google and Meta?
Lance, Thanks for the ABNB tip. In at $1.96. Out at $4.10. 6 contracts. Yahoo! — Sher
Lance Ippolito
Lance is a professional trader and successful entrepreneur with over 10 years of experience in the financial markets
P.S. Be sure to join my Telegram channel here for frequent market updates, commentary, live event notifications, trade alerts and all sorts of goodies.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
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