Pass me the crown… because I’m the king of stock buyout breakouts in 2022!
Monday was looking all gloom and doom as markets flirted with or fell further into correction territory…
And then the squeeze hit in the last hour of trading, sparking a rally that helped the indexes close slightly in the green, including the Nasdaq climbing out of a 4.9% hole for the day — what a ride!
Markets gapped down again Tuesday morning as traders resumed dumping risk as all eyes look to January’s Federal Reserve press conference on Wednesday…
But I’m here to tell you it doesn’t matter if markets trend up, down or sideways… there’s always money to be made!
Case in point, as selling ramped up this past Friday, my Wiretap Alerts strategy decided to roll with it and bought some puts on Pfizer Inc. (NYSE: PFE) and Comcast Corp (Nasdaq: CMCSA).
Both options were up handsomely Monday while the market was in the toilet… I definitely sold early, but not before taking a 65% gain on the Pfizer Jan. 28 $52 strike puts!
Weekly Blitz Alerts also got in on the game, taking 30% and 40% legs on New Money Crew Weekend Watchlist target Moneygram Inc. (Nasdaq: MGI) before the afternoon rally on buyout rumors…
And even if I had maxed all of those trades, New Money Crew readers who were paying attention to the Blitz Daily had a chance to be in place when lightning struck — bringing home more than nine times their money with our FOURTH stock buyout breakout mega win!
Our Growing List of Stock Buyout Breakouts WINS!
Aside from the two weeks around Christmas, there hasn’t been much to cheer about for retail names since mid-November.
Over that time, the sector dropped more than 25% from its record highs… Ouch!
With retail stocks closing in on 52-week lows, we’ve seen the bulls go bottom fishing in several names… And this past Thursday, traders cast a line on Kohl’s Inc. (NYSE: KSS).
The bulls rushed in to grab more than 3,000 contracts of the Feb. 18 $55 strike calls as the rumor mill was churning, and we caught it in the Jan. 20 Blitz Daily.
And this Monday, lightning struck… again!
Before the markets opened Monday, KSS stock shot through the roof, breaking out over 30% after the company received multiple bids to take the beaten-down retail name private with a stock buyout!
Take a look at what happened to those options…
Even if a trader got in at the dead high of Friday’s prices, they still had a chance to snag an 861% max gain — BOOM, you’re welcome!
Moneygram and Kohl’s make four stock buyout breakouts we’ve hit on in three weeks after being in front of two big video game acquisitions with our 2022 market outlook. Printing money — you’ve got to love it!
Check out the short video below to see my comments on Kohl’s ahead of Monday’s stock buyout breakout.
Don’t forget 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!
P.S. Anyone placing trades during the week may actually be stacking the deck against themselves…
Look, every week, thousands of headlines like earnings or bad news out of the Federal Reserve or China wreck what may seem to be perfectly good trade setups.
So instead of traders risking their hard-earned cash during the meat of the week, there’s a simple Friday afternoon strategy that is able to skip all of the madness…
It taps into some of the most reliable forces in the market, already giving us direct access to gains like 65% on PFE, 38% on BAC and 68% on LVS, all in the past couple of weeks!