CYTO’s Newest Coronavirus Treatment Sends Stock, Options Soaring

by | Apr 11, 2022 | Options

In Monday’s Blitz Daily with Lance Ippolito, we take a look at pharmaceutical company Altamira Therapeutics. 

This tiny company specializes in developing therapeutics that address important unmet medical needs. It’s currently working on RNA therapeutics, as well as treatments for allergy and viral infections and inner ear disorders.

Early on Monday, Altamira announced that the International Journal of Molecular Sciences published a peer-reviewed paper confirming the safety and effectiveness of its Bentrio nasal spray the COVID-19 Delta variant.

A separate study has already confirmed the nasal spray’s effectiveness against the Omicron variant. 

The positive news brought the bulls out in full force, buying up the April 14, $2.50 calls. 

This action sent the stock to $2.12. It has since come back down, trading around $1.56 about a half hour before the closing bell Monday. 

And that wasn’t the only ticker hitting the scanner… 

    • Altamira Therapeutics Ltd. (Nasdaq: CYTO): April 14 $2.50 CALL.
    • Deutsche Bank AG (NYSE: DB): April  22 $12.50 PUT.
    • Foot Locker Inc. (NYSE: FL): April 14 $29 PUT.
    • Veru Inc. (Nasdaq: VERU): April 14 $10 PUT.

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!

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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.

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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