T’was the Friday before Christmas… and the markets refused to pick a direction.
It’s tough sledding out there between the low trade volumes and high volatility… And as a result, institutional order flow is dead as a doornail.
But it’s the holiday season and because I want your days to be as merry and bright as they can be, I’m digging deep into the scanners to see if any of these lumps of coal could be a diamond in disguise!
We’re seeing a few high-risk, high-reward names hitting the tape Friday, including a stand-out play in a familiar name.
We covered Micron’s earnings miss Thursday, which helped sink semiconductor names…
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
And the degenerates are out Friday looking for one more lotto-ticket dip buy to stuff in their stockings ahead of the holiday weekend.
Less than 10 minutes after the opening bell, my scanners spotted a trader sweeping up about 1,500 contracts of the Dec. 30 expiration, $49 strike calls for more than $150,000 in premium!
And if you’re shopping for more last-minute trade ideas, you’ve come to the right place….
- Micron Technology Inc. (Nasdaq: MU): Dec. 30, $49 CALL.
- Canada Goose Holdings Inc. (NYSE: GOOS): Feb. 17, 2023, $16 PUT.
- Apple Inc. (Nasdaq: AAPL): Dec. 30, $134 CALL.
I want to wish a warm Merry Christmas and Happy Holidays to you! And if you’re looking a special gift for the traders in your life, check out my Unusual Options Training Class, where I’ll show them how I trade wires like these through the weekend… along with a few of my other favorite options strategies!
Blitz Daily With Lance Ippolitto
At Weekly Blitz Alerts, we follow the big fish and what they’re buying. And we do that with my proprietary Blitz Scanner, which alerts me to big, institutional order flow through the day. Then we get in on these plays and follow the “smart money.”
The Blitz Daily with Lance Ippolito is where I go over a few options trades that hit the Blitz Scanner each day, Monday through Thursday. I break down the trades with the sexiest order flow and tell you what could happen with those stocks by the next day’s opening bell.*
If you want in on these explosive options plays, be sure to sign up for Weekly Blitz Alerts! We send entry, profit targets and exits directly to you via text and email alerts.
In the meantime, you can check out our YouTube channel for more trading insights and tips. And as always, you can find me talking stocks and options trading on newmoneycrew.com and WealthPress.com!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.