We saw a big reversal after markets were up at the open, especially in banks, energy and small-cap names in the Russell 2000… Financials popped on strong earnings from JPMorgan and Citibank, but then they quickly sold off. I bought some Alcoa calls on Thursday, and...
The sun is out, I’ve got the top down and I’m ready to cruise into the weekend! Despite some mid-week turbulence, the markets have been bullish with fast-moving order flow that helped give us a fantastic live trading session to close out the week! The scanner spotted...
Tesla got a downgrade and I’m not really seeing much options flow that I like on Monday, with not much going on in the market. We did see some selling pressure in some of the big names like Microsoft, Tesla and Nvidia. So instead of getting frisky and trying to...
The market’s down and choppy Friday, but the trading action is still HOT. We saw some day trades this morning in the usual suspects like Amazon, Tesla and Nvidia… But then some more rare tickers started flashing across my personal options scanner… Some rare and...
We had an absolute MONSTER order in Amazon calls this morning… Some lucky — and by that I mean smart! — trader dropped over $600,000 on AMZN calls… They got 20,000 weekly contracts for 35 cents, and those babies popped BIG TIME. THIS is why we trade unusual options...
Lance Ippolito is an ex-hedge fund trader that specializes in making large amounts of money in short periods of time. He developed his own software to spot big moves in the market. He uses that information to make aggressive moves, and he doesn’t look at trades that can’t at least double his money.