In Monday’s Blitz Daily, we take a look at toy company Hasbro ahead of the holiday shopping season.
When it reported earnings last week, Hasbro warned about potential supply chain issues. Despite the warning, the company still reported strong earnings, causing shares to move higher, breaking $97.
And it seems traders are confident Hasbro will remain at this level, as a big player swooped in to pick up almost 1,509 contracts for the Nov. 12 $96 strike calls — a bet just shy of $225,000 in premium!
And don’t worry, Santa has two more bullish trades where that came from…
- Hasbro Inc. (Nasdaq: HAS): Nov. 12 $96 CALL.
- Palo Alto Networks Inc. (Nasdaq: PANW): Nov. 19 $525 CALL.
- QuantumScape Corp (NYSE: QS): Nov. 19 $38 CALL.
Check out my short video, and I’ll break down today’s most unusual options order flow in under two 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!
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!