In Monday’s Blitz Daily, we take a look at travel stocks including cruise line company Carnival in spite of recent virus-related restrictions and disappointing earnings results.
It looked like it was going to be a bad day for cruise lines and air travel names Monday, especially after the firm reported even bigger losses than expected for the third quarter.
But leadership was able to inspire bullish traders to rally the stock with strong forward guidance. Carnival caught fire during the regular session as shares jumped over 8% from its opening price, leading a surprising rally across the sector in light of increasing European travel restrictions.
Big accounts were buying options by the fistful, trading over 2,200 contracts of the Jan. 21, 2022, $19 strike calls!
And if travelling isn’t for you, I have three more top options plays that were on traders shopping lists Monday…
- Carnival Corp. (NYSE: CCL): Jan. 21, 2022, $19 CALL.
- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH): Dec. 23 $21 CALL.
- United Airlines Holdings Inc. (Nasdaq: UAL): Dec. 31 $43 CALL.
- Hologic Inc. (Nasdaq: HOLX): Jan 20, 2023, $95 CALL.
- AMC Entertainment Holdings Inc. (NYSE: AMC): Dec. 31 $30 PUT.
Check out my short video, and I’ll break down the day’s most unusual options order flow in under two minutes!
P.S. I call them “Overnighters…” And in the past couple of months, I’ve pegged returns of 76%, 100%, 109%, 254% and even a rare 925% return — yes, all overnight! And there are plenty more catalyst events coming up… Ready to learn how I do it? Check out my secret strategy for FREE!
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!