Monster $6M Tesla Buy Spotted in the Wild

by | Apr 12, 2022 | Options

In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at dominant electric vehicle-maker Tesla ahead of its upcoming earnings event.

It looked like we were headed for another Turnaround Tuesday, but a pop and drop was all the stock market could muster…

Order flow came in hot out of the gate as bulls took aim on surging mega-cap tech names, throwing fistfuls of cash at earnings options plays — including a massive bet on Tesla, which is set to report on April 20.

Daily Chart of Tesla 4.12.22

Just after Tuesday’s open, the Blitz Tracker spotted one trader sweeping up over 1,800 contracts in the April 29 expiration $1050 call option for more than $6 million in premium!

Of course, that wasn’t the only top tech name printing paper during Tuesday’s session…

    • Tesla Inc. (Nasdaq: TSLA): April 29 $1,050 CALL.
    • Apple Inc. (Nasdaq: AAPL): May 20 $170 CALL.
    • Microsoft Corp. (Nasdaq: MSFT): April 22 $290 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. Corporate insiders raked in a record-breaking $69 billion in trading returns in 2021… 

It’s led many to believe these huge gains made by top-ranking corporate executives have spiraled out of control. And for good reason…

If you’re one of the many American investors who feel cheated, you’ll want to check out what I have to say… 

I believe this $69 billion spiral is one of the best opportunities in the stock market… if you know how to play it, of course! 

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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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