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Blitz Daily: Bulls Bet $1.7M the Dollar Tree Price Hike Pays Off

by | Jan 6, 2022 | Crypto

In Thursday’s Blitz Daily, we take a look at discount retailer Dollar Tree as shares see a wave of bullish activity.

It’s been a fantastic week of trading as volume picked up after the institutional buyers got back to their desks. 

And one of the biggest trades to hit the Blitz Tracker this week belongs to Dollar Tree. 

Investment firm Stonebridge Capital Management added the retail name to its portfolio on its last round of buying. Shares responded positively to the news, surging as much as 2.8% from Wednesday’s closing price.

One bullish options trader got the scoop, dropping a massive $1.7 million bet on the June 17 $145 strike calls late Wednesday!

Of course, that’s not the only trade burning up the tape… I have two more red-hot options priced to move right here…

    • Palantir Technologies Inc. (NYSE: PLTR): Jan. 21 $18 CALL. 
    • Dollar Tree Inc. (Nasdaq: DLTR): June 17 $145 CALL. 
    • Cameco Corp. (NYSE: CCJ): Feb. 18 $43 CALL.  

Check out my short video and I’ll break down the day’s most unusual options order flow in 2 minutes flat!  

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