Lance here, and it’s been another amazing day trading…
First and foremost, a huge shoutout to all of you who have been using my personal options scanner and alert strategies. You’re absolutely crushing it, and Shadow Trader is up about 60% for the week!
Keep sending in your testimonials because I love to see them!
Now let’s talk about the real standout performer today: Target.
This stock has been on fire, rallying over $5 off the lows. We saw some action in the options market, particularly with the June $130 and $131 calls.
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
We also saw a daily long signal on Target with my Master Indicator following weeks of short signals dating back to mid-May…
The stock moved about $5 off the lows, and those calls saw some big gains in a matter of minutes. It was a fantastic trade for those who were able to seize the opportunity!
Here are some more highlights:
- 🐻 Significant bearish bet on Affirm.
- 📉 American Airlines with a big, bullish bet for over a half-million bucks.
- 🚀 Target’s impressive rally and options activity.
- 🐻📉 Bearish put buying in Rivian.
- 🐮 Bullish moves in Intel and Nvidia.
TODAY’S TOP FLOW:
- Affirm Holdings Inc. (Nasdaq: AFRM): July $17.50 PUT.
- American Airlines Group Inc. (Nasdaq: AAL): September $18 CALL.
- Target Corp. (NYSE: TGT): June $130 CALL.
- And more in today’s video!
Note: If there’s no date listed, it’s the monthly option expiration, which falls on the third Friday.
P.S. 2 of My Favorite Market Events Are Happening This Weekend
I wish I could say I was more excited about earnings this week…
But I’m not… only a few companies are reporting…
The two that are worth looking for on the scanner are Adobe (ADBE) and Kroger (KR).
That being said, I’m excited that it’s quad witching, and a market holiday on Monday.
I don’t want to get into all the details as to why…
But if you are curious, I’m hosting a market briefing on Thursday afternoon.
It doesn’t cost a dime to attend.
These two events only overlap about once a year…
And, historically speaking, they’ve shown some tremendous potential.
For example, last year – on this same weekend – we logged three winners.*
- One on AAPL for 60%.
- One on ROKU for 45%.
- One on Snapchat for 3%.
And this weekend, we’re going for another hat trick…
As most of you know, trading holiday weekends has kinda been my thing.
We have a 70% plus win rate dating all the way back to New Year’s Eve 2022.
So if you want to see what I got going on this holiday weekend.
Go Here Now!
*The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. From 9/17/21 through 6/12/23, the average win rate is 72.7%. The average weighted rate of return on options trades was 9.5% over a 3 day average hold time…
