Week after week, our strategies keep racking up huge options wins on mergers and acquisitions activity!
And so far in 2022, it looks like the biggest dip-buyers of January’s downturn has been other companies.
The pullback was an exclamation point to a months-long sell-off of early pandemic tech winners. And now mega cap companies flush with cash are looking to snap up slumping growth names at bargain prices.
It started with some big shake-ups in the video game industry, but has since hit fintech and retail stocks… And the New Money Crew is here for it!
It’s been another monster Monday for members of Wiretap Alerts, first scoring a solid 27% win on MGM Resorts International (NYSE: MGM)…
But that one didn’t even have a chance to shine with our monster Peloton Technologies (Nasdaq: PTON) trade stealing all of the thunder on the latest mergers and acquisitions news and rumors!
Mergers and Acquisitions Options Win: 226% Via Potential Peloton Bidding War
Late Friday at my Wiretap Alerts LIVE Accelerator Class, my scanners picked up outsized call-buying in Peloton…
That wasn’t a big surprise as the once high-flying fitness name is set to report earnings after the bell on Tuesday.
But what was a surprise was just how much the stock started moving after hours, leaping over 20% an hour after the closing bell!
It turned out Peloton was the latest winner of the 2022 merger and acquisitions lottery after rumors hit that the company could be in the crosshairs of a big fish bidding war!
After hitting record highs a year ago, PTON spent the next 12 months losing nearly 85% of its value — including a brutal 22% drop in January.
And that massive discount is making the company extremely attractive to companies like Nike Inc. (NYSE: NKE) and especially Amazon.com Inc. (Nasdaq: AMZN), which could add Peloton to its growing list of its subscriptions services.
The weekend rumors helped lift the stock as high as 30% by Monday, launching our Feb. 11 $25 strike calls into the stratosphere for a blistering 226% gain!
Check out the quick video and see me in full party mode popping champagne during Monday’s impromptu LIVE premarket gameplan session!
P.S. Ever wonder why Wall Street always seems to be one step ahead of the average Joe trader?
It’s because the big firms have a ton of top-secret trading strategies that give them an edge over everyone else!
And by the time Joe Trader can pull up his accounts, the stock has made its move and is already fading…
Now New Money Crew Head Trader Lance Ippolito is ready to show everyone how he uses that pullback to his advantage!
Be there when Lance reveals his secret trading strategy LIVE at 1 p.m. EST on Tuesday, Feb. 8!