In Monday’s Blitz Daily with Lance Ippolito, we take a look at Chinese ecommerce company JD.com as the bulls rushed in ahead of its upcoming earnings report.
JD.com Inc. (Nasdaq: JD) is one of China’s two largest business-to-consumer online retailers, the other being Alibaba’s Tmall. It also ranks in No. 46 on the Global 500 list.
The company is due to report earnings before the open on Aug. 23. And while JD.com beat on revenue estimates the past four quarters, it missed on earnings-per-share estimates by more than 20% three of the past four.
But it looks like at least one big-money trader is betting on JD.com to deliver not just in the short term, but over the rest of the year, laying down more than $1 million for the Dec. 16 expiration, $60 strike calls!
But that big bet isn’t the only order flow we’re seeing as earnings season continues…
- JD.com Inc. (Nasdaq: JD): Dec. 16, $60 CALL.
- Goodyear Tire & Rubber Co. (Nasdaq: GT): Dec. 16, $17 CALL.
- Advanced Micro Devices, Inc. (Nasdaq: AMD): Aug. 19, $102 CALL.
Check out my short video and I’ll break down the day’s most unusual options order flow in no time flat!
We thought we’d seen just about everything inside the financial markets…
But this is on a whole new level!
In the past few years, these tiny arrows have made some incredible calls in the stock market…
And now, they’re causing a big stir!
Blitz Daily With Lance Ippolito
At Weekly Blitz Alerts, we follow the big fish and what they’re buying. And we do that with my proprietary Blitz Tracker, which alerts me to big, institutional options order flow throughout the day. Then we get in on these plays and follow the “smart money.”
By doing this, we cash in whether the broader market is going up, down or sideways.
The Blitz Daily with Lance Ippolito is where I go over a handful of options trades that hit my Blitz Tracker each day, Monday through Thursday. I will break down the trade with the sexiest order flow and tell you exactly what I think can happen with that stock by the next day’s opening bell.
If you want in on these fast-moving options plays, with entry, exit and profit targets sent directly to you via text and email alerts, be sure to sign up for Weekly Blitz Alerts!
In the meantime, 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!