In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at tech titan Apple as iPhone factory workers continue to protest in China.
The low-volume holiday hangover refused to leave as markets sold off yet again Tuesday.
Protests across China over strict COVID-19 lockdown measures continued to weigh on tech stocks.
The situation has been brutal for top computer and gadget-maker Apple, as one of the key iPhone production facilities in Zhengzhou is at the center of the unrest.
But while recent reports suggest restrictions could relax as soon as Wednesday, analysts on Wall Street fear the damage is already done.
In addition to supply issues, the iconic tech company is also in the crosshairs of Twitter and Tesla CEO Elon Musk, the world’s richest man…
On Monday, Musk claimed in a series of now-deleted tweets that Apple has pulled most of its advertising and threatened to remove the social media platform from its App Store — ending with a meme suggesting he would rather “go to war” than pay Apple’s fees, which amount to 30% for companies making over $1 million a year.
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
The messy headlines helped drag down AAPL shares as much as 2.5% from its previous closing price, sending bloodthirsty, bearish traders roaring into the options chain…
My scanners picked up massive put buying the first 30 minutes of Tuesday’s session as a trader scooped up more than 2,000 contracts of the Dec. 9 expiration, $140 strike puts for more than $375,000 in premium!
And there’s loads more outsized short-term options flow waiting below…
- Boeing Co. (NYSE: BA): Dec. 2, $177.50 PUT.
- Tilray Brands Inc. (Nasdaq: TLRY): Dec. 2, $4 CALL.
- Canopy Growth Corp. (Nasdaq: CGC): Dec. 2, $4 CALL.
- Apple Inc. (Nasdaq: AAPL): Dec. 9, $140 PUT.
Check out my short video as I break down the day’s most unusual options order flow in no time flat!
P.S. Options Activity Rockets Higher While Investors Sell Off Stocks
When it comes to investing, there really isn’t anything worth buying at the moment…
As much as everyone is hoping for a rosy market, it ain’t happening yet…
And how could it? Everyone and their brother is SELLING stocks…
The Wall Streeters, the politicians and corporate elites continue to dump shares like there is NO TOMORROW.
On the other hand, the options market has never seen so much action!That’s why I’m going LIVE at 1 p.m. ET on Wednesday, Nov. 30, to host my Unusual Options Training Class…
It doesn’t cost a dime to attend and I’ll show you what to look for, how to read it and how to use the information published in the options market to generate your own trade ideas!
Grab Your Spot Now
Blitz Daily With Lance Ippolito
At Weekly Blitz Alerts, 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 order flow through the day. Then we get in on these plays and follow the “smart money.”
The Blitz Daily with Lance Ippolito is where I go over a few options trades that hit the Blitz Scanner each day, Monday through Thursday. I break down the trades with the sexiest order flow and tell you what could happen with those stocks by the next day’s opening bell.*
If you want in on these explosive options plays, be sure to sign up for Weekly Blitz Alerts! We send entry, profit targets and exits directly to you via text and email 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 on WealthPress.com!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
