In Monday’s Blitz Daily with Lance Ippolito, we take another look at payment platform PayPal as Barclays moves its price target.
The big week Wall Street’s been waiting for is finally here, and the markets are floating higher on low trading volume.
Not only will we see the latest inflation numbers from November in Tuesday’s CPI print, but we’ll also see what Federal Reserve Chair Jerome Powell and his lackeys have in store for us in the final FOMC meeting of 2022.
As a result, we’re seeing a lot of small, bullish order flow hit the tape Monday in financials and tech names.
One stock rolling across the wire fitting both of those bills is our old friend PayPal.
Wondering what those little arrows mean and how they can help improve your trading? Get the details here!
Analysts at Barclays raised their price target for the fintech giant from $100 to $108 per share — a 47% increase from its current share price of about $73.
While the price hike couldn’t sustain a move higher, it did prompt some repeat bullish, big-money bets in the options ladder…
In the first 20 minutes after Monday’s opening bell, my scanners picked up one big swinger sweeping up about 650 contracts of the Dec. 30 expiration, $76 strike call options for more than $150,000 in premium!
Of course, if you’re more of a Cash App kind of person, I have more stand-out institutional trades waiting below…
- Discover Financial Services (NYSE: DFS): Dec. 16, $106 CALL.
- Capital One Financial Corp. (NYSE: COF): Dec. 16, $98 CALL.
- Teck Resources Ltd. (NYSE: TECK): May 19, 2023, $42 CALL.
- Tesla Inc. (Nasdaq: TSLA): Dec. 16, $190 CALL.
- PayPal Holdings Inc. (Nasdaq: PYPL): Dec. 30, $76 CALL
Check out my short video as I break down the day’s most unusual options order flow in no time flat!
P.S. The Fed Is at It Again…
In just a matter of days, the Federal Reserve is doing something that could send shockwaves yet again through the market…
Stocks could soar or plummet in a matter of minutes.
That’s why Chuck Hughes has been working on an underground project to help traders get in front of the big announcement…
But it’s not another alert service… It’s not a stock report…
It’s something much more powerful — and it can help give you a lifetime of trading opportunities.
That’s why Chuck is holding an emergency briefing with Senior Strategist Roger Scott to lay out the battle plan…
Right now, there are a few stocks sticking out like a sore thumb thanks to this discovery.
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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 WealthPress.com!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
