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Double Down on AMZN? More Key Insights Ahead of Google’s Earnings Hey Traders, Avoiding plays too correlated to the S&P 500 (SPY) and Nasdaq 100 (QQQ) has been my focus of late. But I did mention this morning on Telegram that I loved the Amazon (AMZN) next week expiration, $200 strike calls, mainly because if Google parent Alphabet (GOOGL; GOOG) pops on earnings, then AMZN would pop. Well, the opening bell rang and BANG – AMZN shot up over 3.7% before lunchtime! If GOOGL sells off on earnings, I’m considering doubling down on AMZN calls that capture earnings next week. We covered some GOOG orders Monday in this newsletter, and followed up with today’s biggest order, as well as one that hit during the final minute of trading on Monday. Additionally, I highlighted Harley-Davidson (HOG) as a short this morning, and sure enough, we saw about $184K in premium flow into some August puts. Lastly, we spotted some August calls in Cloudflare (NET) that capture earnings next month. NET is a longtime favorite for earnings season! Let’s get into the day’s flow after the link below! Want to See What My Most Successful Traders Are Doing? The most successful traders aren’t trading technical patterns…. Which means they don’t spend their precious time looking for head-and-shoulders patterns… Triple bottoms… Or falling wedges… Those strategies look good on paper but often lead to failure when people put them to practice. Here’s what successful traders are doing instead… They’re using information that’s flagged by the News Flow Scanner to gain a competitive edge in the market… ![]() And that’s what I do too! That’s because it can tell me -usually 24 hours in advance- which stocks are likely to see bullish or bearish news. I just wait for a flash on the scanner to get in on the right side of the movement… Then I have a real shot at coming back to a nice overnight gain. Look, I’m not promising future gains here… Everybody knows there’s risk involved in trading… There’s bound to be winners and losers on the road of life but… 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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