OKTA Puts Rocket Ahead of Potential Market Pullback

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June 1, 2023 OKTA Puts Rocket Ahead of Potential Market Pullback Hey, Reader, Before we get to the top order flow of the day, we had an absolute monster trade come out of Wednesday’s live session during the last hour of trading… We saw a big order over $200,000 in the June 9 expiration, $84 strike puts in Okta, which then proceeded to tank on earnings, down over 20% at one point Thursday.  I got in around $2.60 a contract during the live session for all to see, and those bad boys went above $13 a contract about an hour after the open Thursday — you love to see it! As far as Thursday’s top flow… Options traders are seeing a decline in AI-related stocks, with Palantir and Medical Properties Trust seeing put buying.  Here are a few highlights:  📉 Palantir and MPW saw put buying for future declines in AI-related stocks. 📉 Gold and bonds rallied, implying a sell-off in U.S. equities may be imminent. 📈 We also saw SoFi break out to the upside, with one trader swooping in to try and get in on the momentum.  🔍 We could see a short squeeze Friday, but I’m going to be more selective and cautious in my trading for the short term because we could see a pause if not a sell-off. Get Today’s Top Tickers Here! Lance Ippolito Lance is a professional trader and successful entrepreneur with over 10 years of experience in the financial markets Can You Spot the ‘M-Spike’? Imagine being able to measure when a stock sells off, and how much it bounces back after. And not just with backtested data to find out how to quantify when it will happen… But the ability to pinpoint exactly when this trigger occurs in real time. Go here to learn more about how Roger Scott’s proprietary indicator could help you do just that! Take him up on this fantastic offer today in order to join his group of confident traders with this coveted training tool in your corner. Don’t take it from me… Here’s what some of his customers are saying:   So what are you waiting for?! Take Action TODAY! Red-Hot AI Earnings Are Dominating the Options Flow May 26, 2023 Just like that, the markets are off to the races on Friday after headlines suggest that Washington is closing in on a resolution to the debt ceiling drama.​​​​​​​ How to Take Advantage of the AI Earnings Bonanza May 31, 2023 First things first… Markets were pointing slightly lower at the open, but that's just the calm before the storm. Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.  Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.  Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 495 Town Plaza Ponte Vedra, FL, 32081, US www.newmoneycrew.com Lance Ippolito Trading Update Profile