2 Semiconductor Plays Capitalizing on Nvidia’s Bullish Momentum

by | Aug 19, 2021 | Uncategorized

In Thursday’s Blitz Daily, we’ll take a look at semiconductor company Intel after giving traders a sneak peak at the new products coming down its pipeline.

Volatility is back ,and we all know that creates opportunity. I love these markets right here, and it all starts with silicon. NVIDIA Corp. (Nasdaq: NVDA) reported earnings after Wednesday’s close, beating analyst expectations and sparking a 15-plus point stock reversal off of Thursday’s opening lows. 

That momentum whipped the market into a buying frenzy as bulls couldn’t get enough of tech and semiconductor stocks. 

 

The trend played right into the hands of Intel Corp. (Nasdaq: INTC), which was busy with its annual media day where the company unveiled several of its new products. The bulls took the opportunity to pick up more than 10,000 contracts in the Aug. 27 $53.50 strike calls.  

And Intel wasn’t the only tech stock feeling the love Thursday. Check these out… 

Today’s Top Orders:

  • Intel Corp. (Nasdaq: INTC): Aug. 27 $53.50 CALL.

  • Applied Materials Inc. (Nasdaq: AMAT): Aug. 27 $130 CALL.

  • Zynga Inc. (Nasdaq: ZNGA): Oct. 15 $10 CALL.

Check out my short video and I’ll break down today’s unusual options order flow in two 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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