It might have been a short day for traders Monday, but the moves were nothing short of phenomenal!
On Friday I told you all about the scorching repeat options flow we saw roll into the EV names…
Well our good friend Tesla released their vehicle delivery figures for the second quarter and blew the expectations out of the water.
Shares of TSLA are up 6.5%, Rivian is up more than 15% and those options from last week are soaring!
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
I can’t say it enough — moves like this are why we follow the flow!
So what are you waiting for? Check out Monday’s hottest institutional option plays right here…
Video Highlights:
✉️ EV stocks up due to better-than-expected delivery numbers from Tesla, moving more than 460,000 units in Q2
💰 Lucid, Rivian, and XPEV calls experienced significant increases in share prices, with Rivian calls up over 100% in the morning.
🚀 Roblox saw a 4% increase. I sold too early. Fantastic mover for anyone still holding.
💼 I’m getting a ton of fantastic emails from Wiretap Alerts members — this is why we follow the flow!
Thursday’s Top Order Flow:
- Li Auto Inc. (Nasdaq: LI): September $42 CALL.
- Tesla Inc. (Nasdaq: TSLA): July 7, $290 CALL.
- Sunrun Inc. (Nasdaq: RUN): July, $18 CALL.
- And more!
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
P.S. Right now the market is sorta splintered…
On one hand, names like MSFT, TSLA, GOOG & AMD are up big…
While at the same time, hundreds of stocks are still in the red.
So, what’s the move?
Do you ride the few strong stocks higher?
Or buy the stocks that are still in the red & hope for a recovery?
If you’d ask me, I’d say neither…
I’d tell you to look for individual opportunities that can unfold in 24 hours or less.
By trading in 24 hour increments I’ve been able to sidestep market drama while also issuing gains of:
40%…50%…60%…70% and do it with a high accuracy rate.
So, if you want to see my strategy for trading 24 hours at a time…
But today, I’m going to give you a full walkthrough.
So Come on and Let Me Show You!
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.
