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Streaming Giants See Bullish and Bearish Flow Ahead of Q2, Holiday Weekend Trading has been absolutely insane, and even though my internet went out in the storm ahead of Wednesday’s live session… Some of you made out like bandits on Goldman Sachs calls in a matter of minutes after they hit the News Flow Scanner! On top of that, the RH calls we covered in Wednesday’s edition of this newsletter went to the moon — BANG! With the first quarter of 2024 ending this weekend, the streaming giants saw some action on Thursday, with the ol’ House of the Mouse, Disney, seeing a couple of short bets after a massive run higher since the end of October. Since trading just under $80 a share on Oct. 27, DIS is now up over $122, a 52% run in just five months! With Disney popping another 2% on the open Thursday, a bearish trader stepped, looking for a downside move… A Bullish Flood Inside the Scanner This past week was HUGE for the News Flow Scanner… I saw the balance between bullish and bearish orders flip pretty drastically. Essentially, the number of bullish orders were nearly double the bearish plays. By Wednesday afternoon, I saw more than 220 bullish orders! And let me tell you, that’s a lot. Some of the biggest of the week came from Marvell, Amazon and Valero Energy. BEST Order Of The Day: TSLA Thanks to my News Flow Scanner, we found another big mover… ahead of time! That’s the point, right? To get in these calls or puts before they blast off to the moon or fall off a cliff… Well, the only way to do that is with my News Flow Scanner! This may not technically be the BEST order of the day, but it’s a play I love because it was perfectly executed — in and out in 30 minutes! — in a great stock to trade… and it’s cheap! With TSLA down about 1.5% in early trading Thursday, the order above hit in the weekly $177.50 puts. At the time, it was trading for around $1.47 a contract. Just 20 minutes later and with TSLA now down 2.3%, it was trading for about $2.15 a contract — that’s a 46.3%* move higher in 20 minutes for those scoring at home! Something important to keep in mind: As it says at the top, this is the BEST order of the day — one of if not the biggest mover of all orders that came in (by around 1 p.m. ET). There were also gains that were much smaller, and of course some losers mixed in as well, as is the case every day. So what can you do with this information? Check out the News Flow Scanner today — just click that link below! CUSTOMER STORY OF THE DAY: Hey Lance, Just wanted to say, I'm profitable again today.... on another day when the broader markets are down. I'm consistently able to be profitable on those choppy down days. Trading the order flow from the Options Scanner, along with knowledge that i've learned from following your work, has greatly helped my overall P/L this year. Where i have really made improvements is to my day trading. The Master Indicator combined with the Options Scanner has really made a huge difference for me. I just wanted to say thank you for everything. — Brett I’m Also Covering…
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 |
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