loader image

Options Order Flow Goes Skyward Along With JetBlue’s Stock

by | Jun 29, 2022

In Wednesday’s Blitz Daily with Lance Ippolito, we take a look at discount airline JetBlue after a surge in weekly options flow.

I’ve got some cheap, short-term options trades — just like you guys and girls love! 

Wednesday’s markets may not have wanted to pick a direction, but that didn’t stop bullish traders from lifting shares of JetBlue 2% and lighting up the weekly options!

Traders came in swinging Wednesday afternoon, grabbing the July 1 expiration, $9 strike calls by the fistful in chunks around 2,000 contracts at a time for about $230,000 in options premium!

Are these short-term, high-risk and high-reward bets? You know it! 

Do they offer the best bang for your buck? 

Well… if traders want a more conservative strategy, they could buy deep in-the-money, expensive calls… 

But even when you’re right, those returns are going to be small — and who wants that?

I have more top flow from Wednesday’s tape waiting inside including Blitz Daily’s first BIG earnings flow of the season!

  • JetBlue Airways Corp. (Nasdaq: JBLU): July 1, $9 CALL. 
  • Lucid Group Inc. (Nasdaq: LCID) July 15, $19.50 CALL.
  • Micron Technology Inc. (Nasdaq: MU): July 1, $59 CALL.

Check out my short video and I’ll break down the day’s most unusual options order flow in no time flat! 

And to find out how I trade “Shadow Blitzes” like these as they hit the scanner, check out my Weekly Blitz Alerts strategy!

P.S. The Long weekend is about to “take effect…”

Are you ready?

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!

WRITTEN BY<br>Lance Ippolito

Lance Ippolito

What to read next

Have any questions? Contact Our Customer Service Team

Share via
Copy link