>>>The world premiere of my new show, Power Hour, begins at 1:30 PM ET today — let’s talk Palantir earnings setups and more!<<<
Most traders obsess over direction. They want to nail the breakout, time the reversal or catch the top tick. I used to trade that way too — until one bad loss reminded me how fragile that approach really is.
Earlier this year I lost $15,000 on a directional bet in Lunar. I had conviction, the setup looked clean, but the stock didn’t care. I picked the right direction but the wrong strike and expiration. The trade still failed. That’s when I realized it’s not about being right — it’s about building in room to be wrong.
Why I Favor Wide, Forgiving Setups
Now I focus on trades with a built-in cushion — setups where the market can move against me and I still get paid. That’s what the 4 PM Payout plan is built on. I don’t need to guess if we’re going up or down. I just need the market to stay inside a defined range set by the market makers.
When volatility rises and the range expands, that cushion gets even bigger. Some days I can be 30 or 40 points off on SPX and still collect the full premium. That’s a far cry from hoping a directional play moves in my favor by just the right amount, at just the right time, with just the right strike.
Stop Trading Like You Need to Be Perfect
Directional trading forces you to be right on everything — the ticker, the timing, the price and the exit. That’s a tall order in a market that doesn’t care about your opinion.
With a high-probability income strategy, perfection isn’t the goal. I win even when I’m not spot on. That’s the whole point of the cushion — it buys you time, space and peace of mind. And that’s something no trendline or moving average can guarantee.
Now be sure and join me at 1:30 p.m. ET for Power Hour — we’ll discuss Palantir (PLTR) earnings and more!
Order Flow:
This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
When you look at these plays, always take the market maker move into consideration.
You can be right on the direction but still lose money if the stock doesn’t move enough. That’s where the market maker move comes in clutch.
With puts, they’re often downside hedges in case a stock tanks, especially around earnings. The further out of the money they are, the more likely they are to be hedges.
Also be sure and check when the company’s earnings date is because many of the plays we post here are centered around earnings!
And finally, always remember the golden rule when it comes to buying calls: Buy dips, sell rips — and don’t chase!
If a stock’s moved a ton already today, maybe wait for a pullback.
There is inherent risk in trading. Trade at your own risk.
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
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, scammers and crypto bros.
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
Important Note: No one from The TradingPub team or any of its associated brands will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Tune Into the Premiere of Power Hour at 1:30 PM ET
As I mentioned over the weekend, Crush The Close is getting a thousand degrees hotter and morphing into a brand-new segment…
I’m calling this one POWER HOUR!
And I’ve got something special for the Premiere briefing at 1:30 p.m. ET today.
If you join me live, I’ll show you how I’ll deploy my favorite earnings setup on Palantir as they release their earnings after today’s close.
You’ll learn how I plan to leverage the stock whether their numbers are great or not.
Of course I’ll be using the same setup to target payouts on many other stocks throughout the week.
And although I can’t make absolute guarantees where the market is concerned…
If you’d like to learn how I’ll be shooting for stocks on earnings this week… starting with Palantir today…
So if you’re ready to join me at 1:30 p.m. ET…
