In Tuesday’s Blitz Daily, we take a look at chipmaker Advanced Micro Devices after the stock received an upgrade from financial analysts.
After a harsh week of selling, AMD is running hot again on the heels of a new report from KeyBanc. The analysts called the stock “one of the most compelling data-center growth stories,” and boosted the company’s rating to overweight.
The bullish news helped slingshot the stock over 5% from Monday’s closing price, sending those calls soaring!
As shares were gaining momentum, one big buyer loaded up on the Jan. 14 $140 strike calls for more than $500,000 in premium!
Of course, that wasn’t the only name hitting the tape. I have two more top options trades waiting below…
- Advanced Micro Devices Inc. (Nasdaq: AMD): Jan. 14 $140 CALL.
- Block Inc. (NYSE: SQ): Jan. 21 $155 CALL.
- Caterpillar Inc. (NYSE: CAT): Jan. 21 $222.50 CALL.
For more guidance through the stock markets and big-money trades like these for the start of 2022, check out my Weekly Blitz Alerts strategy!
P.S. A phenomenon has been sweeping across the market…
Those who know this new trading trick have been able to lock in lightning-fast returns like 62.07% on PM, 46.99% on X and even 139.5% on RCL — all with just a few hours of market exposure…
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!