Blitz Daily: Delisting Fears Can’t Keep Wall Street Bulls Away From This Tech Stock

by | Dec 6, 2021 | Crypto

In Monday’s Blitz Daily, we take a look at China-based e-commerce platform Alibaba Group as it implements changes in a key leadership position.

Alibaba stock has been in freefall along with dozens of other Chinese-based tech firms as regulatory pressure and fears of delisting have mounted. Shares dropped more than 36% between Nov. 1 and Dec. 3, when the stock dipped below the $110 mark to lows last seen in 2017. 

Monday, the company announced it will replace its chief financial officer, and bullish traders flooded into the options chain. More than 19,500 contracts of the Dec. 10 expiration $120 strike calls traded around $4 per contract as the stock surged nearly 10%!

But for the traders who prefer to keep their investments in the good ol’ US of A, I have two other tech companies seeing massive order flow Monday….

    • Advanced Micro Devices Inc. (Nasdaq: AMD): Dec. 10 $130 CALL. 
    • Alibaba Group Holding Ltd. (NYSE: BABA): Dec. 10 $120 CALL. 
    • Apple Inc. (Nasdaq: AAPL): Dec. 10 $165 PUT

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

P.S. Our team wanted to pull Triple Threat Trader offline Monday… closing the doors on Chuck Hughes’ lethal trading system…

But ever since then, the phones have been hot…  People STILL want a piece of the action.

So after a long conversation… Chuck convinced the team to allow Roger and him to go live one more time Tuesday at 1 p.m. EST! 

Not only that… But Chuck is going to reveal some of his current open Triple Threat trade positions… 

And the percent profit/loss for each of them… 

PLUS all his inner workings of the Triple Threat system… 

Join Chuck as he Holds Nothing Back

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

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