In Monday’s Blitz Daily with Lance Ippolito, we take a look at internet, technology and online dating service company Match Group.
Match Group owns the world’s largest portfolio of online dating sites, including Tinder, Hinge, PlentyOfFish, OkCupid and of course Match.com, for a total of more than 45 dating services.
Match is down almost 30% for the year, but the company has fast-growing apps like Tinder and Hinge. And not to mention, strong potential to thrive in a post-pandemic world.
The company reports earnings on May 3, and it seems traders are betting that this summer will be the summer of love…
They came in and traded around 500 contracts for the May 20, $80 calls, for about $250,000 in premium!
And that’s not the only flow we’re seeing on this Monday as we continue through earnings season…
- Match Group Inc. (Nasdaq: MTCH): May 20 $80 CALL.
- The Goodyear Tire & Rubber Co. (Nasdaq: GT): May 20 $13.50 CALL.
- 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!
P.S. The world’s biggest companies are set to report this week. And with all of the factors weighing on the market this earnings season, traders need every advantage they can get…
So be sure to catch my FREE “Unusual Options Activity Workshop: Earnings Edition,” while there’s still time!
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.