loader image

Blitz Daily: Bullish Options Traders Look to Take a Sky-High Ride on Boeing

by | Dec 7, 2021 | Crypto

In Tuesday’s Blitz Daily, we take a look at storied aerospace company Boeing as shares bounce on an improved outlook for travel and its 737 Max airliner.

After a rough two years, it looks like Boeing’s fortunes could find the turn of luck they needed. Shares have been cut in half from 2019 highs… But now that China has given a path to recertification, the 737 Max should be able to travel anywhere in the world once again.

The news helped spark a 12% rally in share price since the Dec 2. announcement. The rally also got a push from statements from public health officials that the latest omicron variant of the coronavirus appears to be less severe than earlier strains.

All of that good news had the bulls looking to take a ride on the Dec. 10 $215 strike call options, trading more than 12,000 contracts on the day!

But for traders who aren’t interested in chasing after that high-flyer, I have three more tickers seeing unusual options flow right inside…

    • The Boeing Co. (NYSE: BA): Dec. 10 $215 CALL. 
    • DraftKings Inc. (Nasdaq: DKNG): Dec. 10 $32 PUT. 
    • Wells Fargo & Co. (NYSE: WFC): Apr. 15, 2022, $55 CALL
    • Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEArca: ASHR): Dec. 31 $40 CALL.

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!


WRITTEN BY<br>Lance Ippolito

Lance Ippolito

What to read next

99 Problems and a “Pivot” is One

99 Problems and a “Pivot” is One

A friend of mine sent me this chart about three months ago. I should probably print it and keep it in my wallet next to a photo of my daughter. Given the sheer number of questions I’ve fielded lately, I’ll probably end up showing this chart more than her picture.

read more
Everything Everywhere, Going Down, All At Once

Everything Everywhere, Going Down, All At Once

When our momentum reading went negative last week, I didn’t know that we’d have the second largest bank failure in U.S. history three days later. All I knew was that it went negative… and that we got out of the way.

read more
Trust But Verify…

Trust But Verify…

I want to talk about our version of “Trust but Verify” in the markets. Qualification is the most important part of the investing process. And this F score value strategy looks to be crushing the current market.

read more

Have any questions? Contact Our Customer Service Team