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Pullback! Bullish Traders Buy the Dip in Oil

by | Mar 28, 2022 | Options

In Monday’s Blitz Daily with Lance Ippolito, we take a look at one of the largest energy infrastructure companies in the U.S. as big-money traders pick up long-dated call options. 

Energy has been the strongest sector of the market for a while now, leading many to believe the time to invest in the sector is over… 

And while I’m of this opinion myself, I admit there are select companies that still present an opportunity.

We’ll still need energy. And with the sanctions against Russia, we’ll need to acquire it from places closer to home, like here in the U.S. and Canada.

And it seems the smart money believes Kinder Morgan is set to take advantage of this trend, buying up about 3,000 contracts of the Sept. 16, $20 calls for $192,000 in premium!

With Kinder Morgan currently trading around $18 a share, these are a little out of the money, but they are long-dated calls, something we haven’t seen much of in this market. 

Of course, if Kinder Morgan doesn’t get you energized, we are seeing options flow in a few other companies on Monday…

    • Kinder Morgan Inc. (NYSE: KMI): Sept. 16 $20 CALL. 
    • Microsoft Corp. (Nasdaq: MSFT): April 1 $310 CALL.
    • Marathon Digital Holdings Inc. (Nasdaq: MARA): April 1 $31 CALL.
    • Riot Blockchain Inc. (Nasdaq: RIOT): April 1 $23 CALL.

Check out my short video and I’ll break down the day’s most unusual options order flow in no time flat!  

And to find out how I trade Shadow Blitzes like these as soon as I see them, check out my Weekly Blitz Alerts strategy!

P.S. This Could KILL Your Trading Account Over the Next Few Months… 

Between the war, rising interest rates and inflation… we’ve seen the stock market whipsaw accounts day in and day out for months now.

We’re sure a lot of people have seen their gains from the past two years RIPPED away in a matter of weeks…

If that sounds like you… it’s not your fault… and you’re not alone.

That’s why for the first time, Joy of the Trade Head Trader, Jeff Zananiri is revealing his “Heaters” strategy to the public… 

Check This out!

*Stated results are atypical for given period. Past performance is not indicative of any future results. Trade at your own risk.

Blitz Daily With Lance Ippolitto

At Weekly Blitz Alerts, we like to print money, baby! I know, I know, you’re probably thinking, “Lance, how do we do that? Print money? Come on…”  

But in all seriousness, we follow the big fish and what they’re buying. And we do that with my proprietary Blitz Tracker, which alerts me to big, institutional options order flow throughout the day. Then we get in on these plays and follow the “smart money.”  

By doing this, we cash in whether the broader market is going up, down or sideways. 

The Blitz Daily with Lance Ippolito is where I go over a handful of options trades that hit my Blitz Tracker each day, Monday through Thursday. I will break down the trade with the sexiest order flow and tell you exactly what I think can happen with that stock by the next day’s opening bell. 

If you want in on these fast-moving options plays, with entry, exit and profit targets sent directly to you via text and email alerts, be sure to sign up for Weekly Blitz Alerts!  

In the meantime, you can follow me @LanceIppolito on Twitter, Instagram and our YouTube channel for more trading insights and tips. And as always, you can find me right here talking stocks and options trading — and printing money — on WealthPress.com!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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