This Retail Giant Has a New Market to Dominate: Health Care

by | Feb 24, 2022 | Options

In Thursday’s Blitz Daily with Lance Ippolito, we take another look at multinational retail corporation Walmart as the company expands its offerings in the health care space. 

Walmart President and CEO John Furner said the health care venture was the company’s “faster-growing comp business in Q4” during a Feb. 17 earnings call.

And it’s obvious why… Last year, Walmart made several big moves to help ensure it dominates the space… 

It acquired telehealth platform MeMD in order to strengthen its position and provide more health care options, and partnered with electronic health record systems provider Epic to improve communication and information sharing among patients and professionals.

And it looks like the big-money traders believe this is going to be a good move for the company. 

They’ve bought up over 2,000 contracts worth more than $213,000 in premium. 

But if Walmart isn’t on your shopping list, we have more institutional order flow to look at today… 

  • Walmart Inc. (NYSE: WMT): April 1 $138 CALL. 
  • Bank of America Corp. (NYSE: BAC): Feb. 25 $42.50 CALL.
  • Wynn Resorts Ltd. (Nasdaq: WYNN): March 18 $89 CALL.

For more guidance through the stock markets and big-money trades like these through earnings season, check out my Weekly Blitz Alerts strategy!

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!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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