8 Top Earnings Trades in Under 3 Minutes

by | Apr 21, 2022 | Options

 

In Thursday’s Blitz Daily with Lance Ippolito, we take a look at computer disk drive manufacturer and data storage company Western Digital. 

One of Western Digital’s brands is SanDisk, which includes memory cards and readers, USB flash drives, solid-state drives… hardware found in everything from personal computers and smartphones to digital cameras. 

The company is preparing to showcase its SanDisk Professional product portfolio at the NAB Show, a tech convention  in Las Vegas, Nevada, next week, just days before it reports earnings on April 28. 

And it seems the smart money is expecting big things for the company, and its share price…

Western Digital 1 Months Stock Chart

With the stock priced around $50 a share, one big-money trader dropped almost $400,000 on the May 22, $57.50 strike calls, meaning they anticipate a move of at least 15% in the stock! 

And that’s not the only flow we’re seeing on this busy Thursday in the meat of earnings season…  

    • Western Digital Corp. (Nasdaq: WDC): May 20 $57.50 CALL. 
    • Pinterest Inc. (NYSE: PINS): May 20 $18 PUT.
    • Snap Inc. (NYSE: SNAP): April 22 $26 PUT. 
    • Meta Platforms Inc. (Nasdaq: FB): April 22 $180 PUT. 
    • Best Buy Co. (NYSE: BBY): June 17 $92.50 PUT. 
    • Freeport-McMoRan Inc. (NYSE: FCX): June 17 $36 PUT. 
    • BHP Group Ltd. (NYSE: BHP): Aug. 19 $55 PUT. 
    • KB Home (NYSE: KBH): May 20 $35 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!

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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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