Stocks carried Friday’s massive rally momentum through the weekend, and the trading has been phenomenal!
The highly shorted Cathie Wood growth stocks with no earnings that were beaten down into oblivion in 2022 — names like Tesla, GameStop and Nio Inc. (NYSE: NIO) — continue to squeeze higher.
Will these companies even be around in five years? I don’t know and more importantly… it doesn’t matter!
That’s because we’re traders here at New Money Crew, and we’re not on the hunt for long-term holds… We’re looking for stocks that are making outsized moves right now, getting in, taking what we can, getting out and getting ready to do it all over again!
So what’s moving on the scanners today? Well, I’m not shocked to find out our old friend Tesla is at it again!
It’s going to be a hectic week for institutional buyers of the iconic EV-maker as the company gets set to report earnings after Wednesday’s closing bell…
But earnings plays aren’t the only thing moving the stock price Monday… Shares jumped as much as 6.5% over Friday’s closing price after analysts from both Truist and UBS hiked price targets — helping Wiretap Alerts start the week off right!
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
The headlines helped spark some massive bullish bets, with one trader scooping up about 700 contracts of the Jan. 27 expiration, $140 strike calls for around $400,000 in premium!
This is likely to be one of the busiest weeks for options orders all year, which is why I’m going LIVE at 4:30 p.m ET Monday, Jan 23 — leading up to Tesla’s earnings event on Wednesday, so keep your eyes on your inbox for details — or sign up for my free Telegram channel and never miss a minute of the action!
After all, it’s only Monday, and just look at all of this order flow…
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- Netflix Inc. (Nasdaq: NFLX): Feb. 3, $350 CALL.
- Tesla Inc. (Nasdaq: TSLA): Jan. 27, $140 CALL
- GameStop Corp. (NYSE: GME): Feb. 17, $20.50 CALL.
- On Holding AG (NYSE: ONON): July 21, $25 CALL.
- Gilead Sciences Inc. (Nasdaq: GILD): March 17, $85 CALL.
- Paramount Global (Nasdaq: PARA): Feb. 10, $21.50 CALL.
- Daqo New Energy Corp. (NYSE: DQ): Feb. 17, $50 CALL.
Check out my short video as I break down the day’s most unusual options order flow in no time flat!
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!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.