loader image

Blitz Daily: Wall Street Looks to Catch a Ride on Lucid Options

by | Nov 15, 2021 | Crypto

In Monday’s Blitz Daily, we’re taking a look at EV-maker Lucid Group as the company releases its acclaimed new car.

Lucid has been hitting the options tape repeatedly in recent weeks. The Lucid Air has somehow been announced as the Motor Trend Car of the Year, even though deliveries only began two weeks ago, but that’s not why we’re here.

In the end, it’s what Mr. Market thinks, and the bulls like what they see. Monday saw big buyers trade nearly 20,000 contracts of the Nov. 19 expiration $44 strike calls!

And if that doesn’t get you charged up, I have three more massive options trades where that came from…

  • Marathon Digital Holdings Inc. (Nasdaq: MARA): Dec. 17 $125 CALL.
  • Lucid Group Inc. (Nasdaq: LCID): Nov. 19 $44 CALL.
  • DraftKings Inc. (Nasdaq: DKNG): Dec. 10 $45 CALL.
  • The Boeing Co. (NYSE: BA): Nov. 19 $232.50 CALL.

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

WRITTEN BY<br>Lance Ippolito

Lance Ippolito

What to read next

Have any questions? Contact Our Customer Service Team