In Wednesday’s Blitz Daily with Lance Ippolito, we’ll take a look at payments technology company Square and its options order flow after we saw a tidal wave of buying in the weekly options.
I noted the move in this morning’s Blitz Market Color after the big boys bought 20,000 of the $255 weekly calls, and they went straight to the moon — from about $2.78 when the order flow hit to $7.60 on the heels of yet another midday mention on CNBC!
But that’s not the only major flow hitting the tape today. We’re seeing repeat flow into several earnings plays, take a look for yourself…
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Square Inc. (NYSE: SQ): July 23 $252.50 CALL.
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Cleveland-Cliffs Inc. (NYSE: CLF): Sept. 17 $23 CALL.
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Las Vegas Sands Corp. (NYSE: LVS): July 23 $53 CALL.
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Cemex SAB de C.V. (NYSE: CX): Oct. 15 $9 CALL.
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Pfizer Inc. (NYSE: PFE): Aug. 20 $46 CALL.
Check out my short video and I’ll break down today’s Square options order flow along with all of today’s earnings plays in no time flat…
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 one options trade that hits 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!
Our Blitz Alerts strategy also includes my Daily Market Color, where traders can get a ton of trade ideas every day. This is a veritable gold mine of potential trades you can make… simply by following the money trail I lay out for you.
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!
