In Thursday’s Blitz Daily, we take a look at retail giant Target just days before Christmas.
Shipping timelines have become unreliable, especially for this time of year. So instead of worrying about delays holding up the delivery of their children’s favorite toys, shoppers are once again returning to brick-and-mortar stores to ensure Santa is able to leave some presents under the tree.
Big-box stores like Target are also taking advantage of the popularity of services like curbside pickup. Offering such options not only minimizes the transmission of COVID-19 during the busy holiday shopping and travel season, but it also allows the company to serve more customers.
And it looks like traders are confident Target is going to have an outstanding holiday season, coming in to buy the March 18 $240 strike calls, which represents an upside of almost $20 per share from the current price of $221.
If Target isn’t on your holiday wish list, I have two other trades for you that are seeing unusual options activity…
- Target Corp. (NYSE: TGT): March 18, 2022, $240 CALL.
- FuboTV Inc. (NYSE: FUBO): Jan. 21, 2022, $21 CALL.
- Las Vegas Sands Corp. (NYSE: LVS): Dec. 31, 2021, $39 CALL.
- Las Vegas Sands Corp. (NYSE: LVS): Dec. 31, 2021, $40 CALL.
For more guidance through the stock markets and big-money trades like these as we head into the weekend, check out my Wiretap Alerts strategy!
P.S. Anyone placing trades during the week may actually be stacking the cards against themselves…
Look, every week, thousands of headlines like earnings or bad news out of the Federal Reserve or China wreck what may seem to be perfectly good trade setups.
So instead of traders risking their hard-earned cash during the meat of the week, there’s a simple Friday afternoon strategy that is able to skip all of the madness…
It taps into some of the most reliable forces in the market, already giving New Money Crew Head Trader Lance Ippolito direct access to gains like 62% on PM, 28% on AMC and 30% on UAL, all in the past couple of weeks!
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!