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This season has been a bit on the dicey side, with companies falling hard even after reporting strong numbers — but weak forward guidance. And you never know when a Trump tweet about tariffs can send things suddenly spiraling, just like we’ve seen the past two Fridays. Looking back to Thursday’s orders, we got a nice pop today from SoFi (SOFI), but then Newell Brands (NWL) tanked 30% today while Pinterest (PINS) soared… I said this about PINS yesterday and much to my dismay, I nailed this prediction and my puts cratered: However, keep in mind that we’ve seen big orders go bad because big PINS orders have missed before. I’m going with a 2-lot in the $34 weekly puts. Why just a 2-lot? Because I fully expect the stock to go up and these to go to $0 — but we love rolling the dice around here! That’s why it’s called “rolling the dice,” because you just never know, as PINS jumped over 22% at one point today. So my 2-lot went down the crapper. As they say, you can’t win’em all… But that’s not going to stop us from rolling the dice again because the stock market is an endless supply of opportunities — so long as you respect the risk and don’t blow up your account. And today, let’s take a look first at Uber’s (UBER) little brother, Lyft (LYFT)… 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. 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. You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito Note: No one from The TradingPub team or Lance Ippolito Trading will ever contact you directly on Telegram. 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 thetradingpub.com/terms-of-service/ for our full Terms and Conditions. |
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