About this video

• Video Title: My Leap Option Scanner that PRINTS
• Channel: Matt Giannino
• Speakers: Matt Giannino
• Duration: 15:48

Overview

This video introduces a stock scanner designed to identify promising LEAP (Long-Term Equity Anticipation Securities) options. The presenter, Matt Giannino, explains his strategy for finding "hype" stocks with significant upward momentum potential, emphasizing the importance of market conditions, company market capitalization, and specific chart patterns like flags for optimal entry points. He also demonstrates how to configure the scanner and provides examples of past and current trades.

Key takeaways

• LEAP Option Strategy: The video focuses on identifying LEAP options with the potential for high returns, particularly in "hype" stocks.
• Hype Stock Identification: Key indicators for identifying hype stocks include low market capitalization (allowing for faster price movement), recent bullish activity (1-3 months), and validation from social media and news outlets.
• Market Conditions: The success of hype stocks is heavily influenced by the overall market trend, with bullish index runs being ideal for these plays.
• Scanner Setup: The presenter outlines scanner parameters, including market cap (5 billion and above), optionability, and a minimum performance of 75% over the last quarter.
• The "Flag" Pattern: A crucial technical analysis pattern discussed is the "flag," which signifies consolidation within an uptrend, presenting an optimal entry point before a potential breakout.
• Entry and Exit Strategy: The goal is to enter trades during the consolidation phase (the flag) and exit before the stock reaches its peak hype, often indicated by widespread media attention.
• Past and Present Examples: The video uses examples like Clove, Iron, EOS, and Cipher to illustrate the scanner's effectiveness and the "flag" pattern in action.

Matt Giannino recommends the following parameters for his LEAP option scanner:

• Market Cap: Five billion and above.
• Optionability: The stock must be optionable to allow for LEAP purchases.
• Performance: The stock's performance over the last quarter should be above 75%.