In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at streaming television service fuboTV following the stock’s mention on CNBC.
The company allows subscribers to watch live television without signing up for cable. And in an era where viewers are cutting the cord, it’s seen its popularity grow.
FuboTV just raised the price for its lowest tier service to $70 per month, and it seems traders aren’t worried about the move impacting its profitability…
We watched live in the War Room as traders piled into the April 14, $9 calls, as well as the April 22, $10 calls.
Both of those were a little too far out of the money for me, so we sent out the April 22, $7.50 calls at around $0.81 in my Weekly Blitz Alerts strategy…
Not long after the alert went out, the company was mentioned on CNBC, the calls shot up and BANG, we exited at around $1.05 for a gain of almost 30% in a matter of hours!*
Of course, if fuboTV isn’t what you’re interested in watching, we are seeing options flow in a few other companies on Monday…
- fuboTV Inc. (NYSE: FUBO): April 14 $9 CALL; April 22 $10 CALL.
- Advanced Micro Devices Inc. (Nasdaq: AMD): April 1 $122 CALL.
- Intel Corp. (Nasdaq: INTC): April 1 $52 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!
*Stated result is atypical for a given period. Past performance is not indicative of any future results. Trade at your own risk.
P.S. Up, Down, Repeat… No better time for this overnight strategy
Have you heard about the market phenomenon that’s paid as much as 10%… 20%*… sometimes even 50%**…
Just by entering one trade at the market close… And cashing out the next morning?
We don’t suspect you have…
That’s why for the first time, Joy of the Trade’s Jeff Zananiri is sitting down to expose EVERYTHING…
Click here to watch the reveal
*Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk.
**Stated results are atypical for given period. Past performance is not indicative of any future results. Trade at your own risk.
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!
