In Wednesday’s Blitz Daily, we take a look at Chinese electric vehicle manufacturers as we spot some unusual order flow in Xpeng Inc., Nio Inc. and Li Auto Inc.
And it’s no wonder why…
Chinese automakers have dominated headlines lately.
Despite supply chain issues and the resulting chip shortages, Xpeng reported stronger-than-expected growth in its third-quarter earnings announcement and delivered 14% more vehicles than its outlook predicted last August.
The company’s shares are already up 19% this year, and it seems traders believe it still has room to run, picking up the Dec. 3 $60 calls on Wednesday.
But Xpeng isn’t the only Chinese EV manufacturer on their radar. Chinese startup Nio is also attracting attention as it expands into Europe, taking orders and preparing to ship vehicles to six European markets in 2022.
Chinese EV stocks aren’t the only ones seeing institutional order flow ahead of the Thanksgiving holiday. Others include a global tech firm, and a well-known footwear manufacturer…
- XPeng Inc. (NYSE: XPEV): Dec. 3 $60 CALL.
- NIO Inc. (NYSE: NIO): Dec 10 $43 CALL.
- Li Auto Inc. (Nasdaq: LI): Nov. 26 $32 CALL.
- Skechers USA Inc. (NYSE: SKX): Dec. 3 $50 CALL.
- Dynatrace Inc. (NYSE: DT): Feb. 18, 2022, $65 CALL..
Check out my short video, and I’ll break down the day’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!