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Blitz Daily: Avoid the Reactive ‘Meme Stonk’ Order Flow with These 3 Trades

by | Aug 30, 2021 | Uncategorized

In Monday’s Blitz Daily, we’ll take a look at credit services company MoneyGram as remittances continue to grow through the pandemic.

We mostly saw reactive meme stock flow in Monday’s markets, as the internet’s favorite growth names like ContextLogic Inc. (Nasdaq: WISH) and Clover Health Investments Corp. (Nasdaq:  CLOV) rallied, only to pull back at the open. 

Personally, we want to be proactive buyers… and we want to be sellers when everyone wants to buy. So to help put traders on the right path, I have a few actionable companies seeing order flow Monday, starting with money transfer titan MoneyGram International Inc. (Nasdaq: MGI)

In particular, the bulls traded over 3,000 contracts of the Sept. 17 expiration $9 strike calls.

And there’s more where that came from, check out these must-see trades…

Today’s Top Orders:

  • MoneyGram International Inc. (Nasdaq: MGI): Sept. 17 $9 CALL.

  • The Gap Inc. (NYSE: GPS): Sept. 17 $26.50 CALL.

  • Ebay Inc. (Nasdaq: EBAY): Sept. 3 $78 CALL.

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

Lance Ippolito

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