In Monday’s Blitz Daily, we take a look at coffee house megachain Starbucks as shares rebounded 3.5% after an earnings miss.
It’s November and that means three things: Thanksgiving, Black Friday and pumpkin-spiced everything. Maybe that’s why the bulls were out in force to start the run-up to the holidays… or maybe it was a stock upgrade with a hefty price target bump from Stephens & Co.
Either way, institutional buyers took aim on the Nov. 19 $111 strike calls, trading 1,984 contracts for a seasonably cool $131,000!
And if you like that, I’m ready to serve up five more of the hottest, strongest and cheapest order flow Monday has to offer…
- Starbucks Corp. (Nasdaq: SBUX): Nov. 19 $111 CALL.
- Apple Inc. (Nasdaq: AAPL): Nov. 19, 2022, $152.50 CALL.
- SelectQuote Inc. (NYSE: SLQT): Nov. 15 $15 CALL.
- Juniper Networks, Inc. (NYSE: JNPR): Dec. 17 $31 CALL.
- International Game Technology PLC (NYSE: IGT): Nov. 19 $19 CALL.
- Plug Power Inc. (Nasdaq: PLUG): Nov. 26 $45 CALL.
Check out my short video, and I’ll break down today’s most unusual options order flow in just a couple 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 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’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!