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Blitz Daily: American Eagle Holds on to the Santa Claus Rally as Retail Names Fade

by | Dec 28, 2021 | Crypto

In Tuesday’s Blitz Daily, we take a look at specialty retailer American Eagle Outfitters as the company outperforms the broader retail sector.

The markets look like they’re starting to see Santa’s tail lights, but the rally isn’t over just yet for American Eagle…

Retail stocks came out hot at Tuesday’s opening bell, jumping 1.3% within the first hour of trading.

That momentum drove institutional buyers to back up the truck and load up on 5,000 contracts of the AEO Jan. 14, 2022, $24.50 strike call options for more than $480,000 in premium!

But while the sector lost steam in the low-volume holiday market, American Eagle continued to soar! The morning’s massive institutional order flow earned a midday shout out from the cable TV talking heads. 

In turn, bullish traders poured back into the stock for an afternoon rally, spiking shares as high as 3.2% on the day — while the options play rocketed over 35%!

Of course, that wasn’t the only massive flow to hit the scanners Tuesday… I have four more must-see trades waiting below…

    • American Eagle Outfitters Inc. (NYSE: AEO): Dec 31 $20.50 CALL.
    • Macy’s Inc. (NYSE: M): Dec. 31 $26.60 CALL.
    • The Walt Disney Co. (NYSE: DIS): Dec. 31 $157.50 CALL.
    • Titan International Inc. (NYSE: TWI): Feb 18, 2022, $12.50 CALL. 

Check out my short video, and I’ll break down the day’s most unusual options order flow in just two minutes!

For more guidance through the stock markets and big-money trades like these as we head into 2022, 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

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