Markets are a sea of red once again as inflation anxieties sparked another sell-off Thursday.
ADP Research dropped its latest private-sector employment figures, citing a larger-than-expected increase of 235,000 jobs added in December.
The news sent stocks reeling on Wall Street as traders worry a strong labor market could add fuel to the Federal Reserve’s already hawkish agenda.
As a result, we’re seeing an increase of bearish activity in the options market — particularly in retail names.
We’re due to see official holiday sales figures soon, so this could be hedging… But they’re massive downside bets.
Among the stocks seeing outsized orders is Urban Outfitters, whose shares dropped more than 4.5% after analysts at UBS lowered the company’s price target to $23.
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
Less than an hour into the open, my scanners spotted one institutional trader sweep up more than 2,400 contracts of the Jan. 13 expiration, $25 strike puts for more than $300,000 in premium!
And if URBN isn’t your fit, I have more top trades on brand-name retailers you can try on for size…
- American Eagle Outfitters, Inc. (NYSE: AEO): Jan. 13, $15 PUT.
- Macy’s Inc. (NYSE: M): Jan. 13, $20 PUT.
- Urban Outfitters Inc. (Nasdaq: URBN): Jan. 13, $25 CALL.
- Netflix Inc. (Nasdaq: NFLX): Jan. 13, $310 PUT.
Check out my short video as I break down the day’s most unusual options order flow in no time flat!
P.S. Don’t Buy or Sell Another Stock Without Seeing This First
I’m about to expose my favorite trading tool I’ve ever come across…
A tool that can be used by traders and investors of all skill levels…
It’s something I think could influence retail trading in a big way!
And it has nothing to do with stock scanners, order flow, technicals, tech stocks, crypto or anything like that.
In fact, it all boils down to a single indicator…
And what this indicator is showing me is alarming…
Let Me Show You How to Use It…
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 right here 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.