1 Health Care and 2 Earnings Trades Seeing Bullish Options Flow

by | Aug 16, 2021 | Uncategorized

In Monday’s Blitz Daily, we’ll take a look at drug developer Novartis after it was on the receiving end of several positive news stories.

Monday saw the bulls take a run at drugmaker Novartis AG (NYSE: NVS), buying long-dated options in size! The company recently announced the launch of phase three trials of its spinal muscular atrophy drug, Zolgensma, in early August. 

The Swiss-based firm also reported promising developments with its Kymriah line of cancer therapeutics. 

That helped bring buyers back for a second dip into the options chain this month. In particular, one of the big dogs snapped up 6,657 contracts of the Jan. 21, 2022, $100 strike call.

We’re also seeing lots of interest in two of the biggest names in retail reporting earnings this week, along with some green energy tickers. See for yourself…

  • Novartis AG (NYSE: NVS): Jan. 21, 2022, $100 CALL.

  • Target Corp. (NYSE: TGT): Sept. 17 $260 CALL.

  • Plug Power Inc. (Nasdaq: PLUG): Aug. 20 $26 CALL.

Check out my short video and I’ll break down today’s unusual options order flow in five minutes flat… 

And if you want to get in on these orders as they hit my Blitz Tracker in real time — and even more actionable trade ideas — be sure to join us in our Daily Profits War Room! 

 

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 Scanner, 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 Scanner each day, Monday through Thursday. I will break down the trade with the sexiest order flow and tell you exactly what’s going to happen with that stock by the next day’s opening bell. 

If you want in on these explosive 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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