In Wednesday’s Blitz Daily with Lance Ippolito, we take a look at technology stalwart Microsoft as the company experiences heavy call buying.
Microsoft has been in the headlines a lot lately…
It recently retired its woefully lacking browser, Internet Explorer… It’s navigating the acquisition of Activision Blizzard, agreeing to respect the rights of employees who are part of the Game Workers Alliance union… and perhaps most importantly, it’s just acquired cybersecurity firm Miburo.
Miburo specializes in detecting and responding to foreign information operations. And Microsoft’s acquisition of the company promises to boost its own cybersecurity research and capabilities.
Microsoft is planning on using Miburo’s tech to partner with other private and public companies to find ways to stop foreign adversaries from threatening customers.
And it seems the bulls see this move as a huge boon for Microsoft’s future…
Over the past two days, big-money traders have come in to drop more than $600,000 in total premium for the June 17, $247.50, $250 and $252.50 strike calls!
And there’s more outsized institutional order flow waiting below…
- Microsoft Corp. (Nasdaq: MSFT): June 17, $252.50 CALL.
- Nordstrom Inc. (NYSE: JWN): July 1, $27 CALL.
- Delta Air Lines Inc. (NYSE: DAL): Aug. 19, $41 CALL.
And don’t miss out on our COMPLIMENTARY options workshop at 11 a.m. EDT this Thursday, June 16!
In Thursday’s session, we’ll cover one of my favorite topics: earnings!
I also have a special bonus for attendees… Join us LIVE and walk away with an e-Book detailing everything covered in the workshop — no charge, of course!
Blitz Daily With Lance Ippolitto
At Weekly Blitz Alerts, we like to print money, baby! I know, I know, you’re probably thinking, “Lance, how do we do that? Print money? Come on…”
But in all seriousness, 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!