In Wednesday’s Blitz Daily, we take a look at beverage company Monster as options activity heats up over recent merger talks.
Company mergers and acquisitions have been the driving force behind some of the biggest market moves so far in 2022, and talks are heating up again for Monster, a top energy drink brand.
Reports hit Monday that beer barons Constellation Brands Inc. (NYSE: STZ) — owners of imported labels Corona and Modelo — were making progress with its merger offer.
The news helped the stock pop about 3% on Tuesday, and bullish options traders are back for more!
Wednesday saw institutional buyers zero in on the March 18 $90 strike calls, sweeping up over 3,100 contracts for more than $125,000!
And if energy drinks aren’t your cup of tea, don’t worry… I have two more top mid-week trades waiting for you below…
- Cisco Systems Inc. (Nasdaq: CSCO): Feb. 18 $56.50 CALL.
- Macy’s Inc. (NYSE: M): March 18 $33 CALL.
- Monster Beverage Corp. (Nasdaq: MNST): March 18 $90 CALL.
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’s ready to introduce to everyone…
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!