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Traders Place Bets on Twitter Exploding Higher

by | Dec 1, 2021 | Crypto

In Wednesday’s Blitz Daily, we take a look at social media stock Twitter as Ark Invest CEO and CIO Cathie Wood steps in to buy over 1 million shares… while institutional investors also bet the stock will move higher. 

Shares of Twitter reached a 2021 low of $43 on Tuesday following the departure of CEO Jack Dorsey. 

Wood wasted no time, snapping up shares of the beaten-down social media company, spreading them across three of her ARK Investment Management exchange-traded funds. 

And she’s not the only one betting on Twitter… 

We’re seeing a lot of unusual order flow in the company, with traders coming in to buy the Dec. 3 $47 strike calls. 

If Twitter doesn’t speak to you, especially with such short-dated options, I have several other trades seeing unusual options activity… 

  • Twitter Inc. (NYSE: TWTR): Dec. 3 $47 CALL. 
  • United States Steel Corp. (NYSE: X): June 17, 2022, $32 CALL.
  • Financial Select Sector SPDR Fund (NYSE: XLF): Dec. 3 $38.50 CALL.
  • Micron Technology Inc. (Nasdaq: MU): Dec. 3 $89 PUT.
  • Applied Materials Inc. (Nasdaq: AMAT): Dec. 3 $155 CALL. 

Check out my short video, and I’ll break down the day’s most unusual options order flow in less than four minutes! 

For more guidance through the stock markets and big-money trades like these as we head into the new year, check out my Weekly Blitz Alerts strategy!

P.S. This Blueprint Has Helped Traders Succeed in All Three Market Climates

It’s helped people succeed in all three market climates

It’s helped Chuck Hughes grow one of his accounts 142% on average every month in 15 months…

And it’s even led a small group of traders to profit opportunities as high as 330%, 274% and even 251%… all in just three months!

Click here to register for the LIVE reveal

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

Lance Ippolito

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