In Tuesday’s Blitz Daily with Lance Ippolito, we take a look at the travel sector U.S. Global Jets ETF as options activity picks up in airlines ahead of Boeing earnings before the bell Wednesday.
Markets are trending as earnings season is heating up and that’s a fantastic recipe for top-flight order flow.
But what caught my eye during Tuesday’s session was the flow in the beaten-down travel sector. Traders are lining up to play the Boeing earnings event without having to pay the massive premium its options chain commands.
Traders who couldn’t pick just one took positions in the U.S. Global Jets ETF with shares continuing to bounce Tuesday, surging as high as 3.25% from where it opened the week.
But while they chose to bet the field, they were decisive when it came time to pick a particular option, loading up more than 20,900 of the Feb. 4 $21.50 strike call!
Of course, if you’re a single-stock kind of trader, I have you covered, too…
- U.S. Global Jets ETF (NYSEArca: JETS): Feb 4 $21.5 CALL.
- American Airlines Group Inc. (Nasdaq: AAL): Feb 18 $16 CALL.
- United Airlines Holdings Inc. (Nasdaq: UAL): Jan. 28 $39 CALL.
- The Boeing Co. (NYSE: BA): Jan. 28 $210 CALL.
- United States Steel Corp. (NYSE: X): June 17 $20 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 for the start of 2022, 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!