In Monday’s Blitz Daily with Lance Ippolito, we take a look at precious metals mining company Hecla Mining.
Back in January, the stock rose by as much as 16% following an update from the company.
While its report on 2021 production was mixed, Hecla Mining Co. (NYSE: HL) ended the year strong, and 2022 is shaping up to be even better.
Its Lucky Friday mine became fully operational last year, which increased silver production by 75%. Production was also up at several other mines…
Not to mention, gold and silver prices are on the rise due to investors’ fears regarding inflation, allowing the company to take advantage of higher commodity prices.
Judging by the order flow, traders appear confident in the company’s future guidance, scooping up the Feb. 18 $5.50 strike calls.
That’s not the only company seeing some institutional order flow on Monday… I have two more trades for you below…
- Hecla Mining Co. (NYSE: HL): Feb. 18 $5.50 CALL.
- Roblox Corp. (NYSE: RBLX): Feb. 11 $65 CALL.
- Fossil Group Inc. (Nasdaq: FOSL): March 18, $14 CALL.
Check out my short video and I’ll break down the day’s most unusual options order flow in no time flat!
For more guidance through the stock markets and big-money trades like these through earnings season, check out my Weekly Blitz Alerts strategy!
P.S. Ever wonder why Wall Street always seems to be one step ahead of the average Joe trader?
It’s because the big firms have a ton of top-secret trading strategies that give them an edge over everyone else!
And by the time Joe trader can pull up his accounts, the stock has made its move and is already fading…
Now I’m ready to show everyone how he uses that pullback to his advantage!
Be there when I reveal my secret trading strategy LIVE at 1 p.m. EST on Tuesday, Feb. 8!
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!