Traders Are Buying the Dip on This Tech Favorite

by | Oct 11, 2021 | Crypto

In Monday’s Blitz Daily, we take a look at everyone’s favorite tech company, Apple.

Apple’s always in the news for one new product or another. But lately, it hasn’t been for the newest iteration of the iPhone…

The company’s been working on new productivity apps to help support those working remotely, as well as resources for students and educators that will help people learn about coding and app development.

Traders scooped up $420,000 worth of the Nov. 5 $144 calls, and shares are up about $1.83 on Monday on the action. 

As you can see, the stock’s trading below both its 20- and 50-day moving averages. But it seems traders don’t expect it to stay there for long. 

And Apple wasn’t the only stock getting a lot of attention on a busy Monday… 

  • Apple Inc. (Nasdaq: AAPL): Nov. 5 $144 CALL. 
  • Calumet Specialty Products Partners LP (Nasdaq: CLMT): Feb. 18, 2022 $12 CALL.
  • PagSeguro Digital Ltd. (NYSE: PAGS): Nov. 19 $30 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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