The first official trailer for Steven Soderbergh‘s Magic Mike, with Channing Tatum as a veteran stripper teaching the biz to a newcomer (Alex Pettyfer), was released, Deadline reported.

Reid Carolin’s screenplay is said to have been inspired by Tatum’s own experiences, pre-stardom.

Matthew McConaughy, Alex Pettyfer and Olivia Munn also star. The Warner Bros release opens June 29.