In Monday’s Blitz Daily with Lance Ippolito, we take another look at cornerstone chipmaker AMD as shares surged to start the week.
AMD continues to hold strong despite unfriendly market conditions. The company has found solid market momentum with the closing of its acquisition of programmable chip developers Xilinx Inc. (Nasdaq: XLNX).
Shares of AMD popped as high as 4.5% over Friday’s closing price, and bullish options traders were out early looking for more upside, grabbing nearly 26,000 contracts of the Feb. 18 $120 strike calls for around $106,000 in premium!
And if you’re looking for more ways to play these choppy markets, I have more bullish and bearish trades waiting below…
- Big Lots Inc. (NYSE: BIG): April 14 $40 CALL.
- Advanced Micro Devices Inc. (Nasdaq: AMD): Feb. 18 $120 CALL.
- The Western Union Co. (NYSE: WU): May 20 $19 PUT.
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. We can’t wait for everyone to see the contents of this video…
Because a recent shift in the market has forced WealthPress Senior Strategist Roger Scott to rethink one of his biggest trading rules!
Now, he’s taking a second look at a powerful signal he used to ignore…
Because when seeing a trade rocket 80% in 120 hours, that tends to turn heads.
And it’s all thanks to one incredible trader he’ll introduce to everyone in just a few days…
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!