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Blitz Daily: 6 Top Options Trades for Turnaround Tuesday

by | Oct 5, 2021 | Crypto

In Tuesday’s Blitz Daily, we take a look at shipping conglomerate FedEx as shares bounce after setting new 52-week lows. 

The stock market is  printing green candles faster than you can say “Turnaround Tuesday.” The flow completely flipped from yesterday as the bulls charged in to fill the downside gap from Monday’s sell-off. 

There are a lot of contenders, but my pick for the top flow for Tuesday has to go to beleaguered logistics firm FedEx Corp. (NYSE: FDX). The stock capped off a four-month, 32% slide with its disappointing earnings report on Sept. 21 and lowered guidance over concerns of rising costs. 

The bulls charged in on the options this morning, buying around $180,000 worth of premium in the Oct. 8 $220 strike calls around $2.20 per contract! Those calls rode a 3.2% gain in the stock on their way to tripling in value by lunchtime! 

It was an amazing move for sure, but it wasn’t the only bullish paper hitting the tape Tuesday. I have five more trades you need to know about — including some long-term order flow in one of my favorite energy names…

  • FedEx Corp. (NYSE: FDX): Oct. 8 $220 CALL. 
  • Snowflake Inc. (NYSE: SNOW): Oct. 8 $302.50 CALL.
  • Netflix Inc. (Nasdaq: NFLX): Oct. 8 $630 CALL.
  • Occidental Petroleum Corp. (NYSE: OXY): June 17, 2022 $30 CALL.
  • Western Digital Corp. (Nasdaq: WDC): Oct. 22 $57 CALL.
  • US Silica Holdings Inc. (NYSE: SLCA): Jan. 21, 2022 $10 CALL.

Check out my short video and I’ll break down today’s most unusual options order flow in under three minutes! 

And if you want to get in on these orders as they hit my Blitz Tracker in real time — and even more actionable trade ideas — be sure to join us in the Daily Profits Challenge War Room!

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!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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