In Thursday’s Blitz Daily with Lance Ippolito, we’ll take a look at semiconductor company AMD after it saw consecutive days of strong institutional order flow on the strength of its earnings report.
Well guess who’s back? We mentioned AMD in Wednesday’s Blitz Daily video, and the stock is raging again! Not even the semiconductor shortage can keep this company from crushing earnings. The big boys said, “I want more!” And the options are up across the board.
In particular, the Aug. 6 $96 strike calls were up a cool 200% Thursday. The Blitz Tracker then picked up institutional traders buying the July 30 $101 calls, which tripled in a few short hours. That is some hot order flow on a stock that is just en fuego….
But the excitement doesn’t end there, I have three other tickers that traders need to know about including this golden options play…
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Advanced Micro Devices Inc. (Nasdaq: AMD): July 30 $101 CALL.
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Dropbox Inc. (Nasdaq: DBX): Sept. 17 $33 CALL.
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Box Inc. (NYSE: BOX): Aug. 20 $25 CALL.
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Barrick Gold Corp. (NYSE: GOLD): Nov. 19 $22 CALL
Check out my short video and I’ll break down AMD’s options order flow, along with all of today’s earnings plays in under five minutes…
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!