In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at utility company Vistra as traders move to safety amid increased volatility.
It was another sloppy day of trading complete with Federal Reserve members stoking inflation fears and fuelling a nasty sell-off in the Nasdaq.
Traders went looking for safe harbor in utilities Tuesday with a rotation into names like Texas-based power producer Vistra.
Shares of the low-beta stock have been on a steady climb since breaking above its 50-day moving average, gaining over 7.5% on a 9-day run.
Big trades hit the Blitz Tracker early Tuesday with one institutional buyer grabbing more than 1,200 of the May 20 expiration $23 strike calls for more than $160,000 in premium!
And that wasn’t the only ticker hitting the scanner, I have three more top trades waiting inside…
- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH): April 8 $23.50 CALL.
- Carnival Corp. (NYSE: CCL): April 8 $20.50 CALL.
- Western Digital Corp. (Nasdaq: WDC): June 17 $55 CALL.
- Vistra Corp. (NYSE: VST): May 20 $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. New Money Crew Head Trader Lance Ippolito is revealing the steps he takes when trying to capture incredible gains overnight.
This “Overnight Secret” has been shared with a group of traders who’ve been put in front of massive triple-digit gains like 109% on LCID, 254% on FSLY and a scorching 925% return on SNAP — all overnight!*
And now I want to show you the regulatory loopholes that have allowed traders to realize these incredible results…
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!
*Stated results are atypical for given period. Past performance is not indicative of any future results. Trade at your own risk.