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Blitz Daily: 5 Bullish Options Bets Hitting the Tape Tuesday as Markets Dip

by | Dec 14, 2021

In Tuesday’s Blitz Daily, we take a look at rideshare software giant Uber after its CEO announced the service saw its largest booking volume as omicron concerns fade.

CEO Dara Khosrowshahi is turning heads Tuesday on Wall Street, commenting he’s “pretty confident” Uber’s platform will deliver gross bookings toward the higher end of November’s forecast.

The chief executive told the press that business is improving even with the headwinds caused by the global health crisis.

The news spiked shares of Uber by more than 3.5% while chief American competitor Lyft saw as much as a 2% bump from Tuesday’s open. With the stock prices surging, bullish traders piled into the Uber Dec. 17 $37.50 strike call options, including one trader sweeping up over 12,800 contracts for about $383,000 in premium!

And that’s not the only name seeing big order flow… I have four more bullish trades fresh off the tape waiting below…

    • Foot Locker Inc. (NYSE: FL): Dec. 23 $43 CALL.
    • Uber Technologies Inc. (NYSE: UBER): Dec. 17 $37.50 CALL.
    • Lyft Inc. (Nasdaq: LYFT): Jan. 21, 2022, $47.50 CALL.
    • Peloton Interactive Inc. (Nasdaq: PTON): Dec. 17 $43 CALL.
    • Kohl’s Corp. (NYSE: KSS): Jan 21, 2022, $65 CALL.

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

And if you want more guidance on trades like these, be sure to check out Tuesday’s FREE event where I’ll reveal the powerful trading technique that’s helped me nail over 50 winning trades in 2021 — overnight!

The event is LIVE on Tuesday, Dec. 14, at 8 p.m. EST, so click here to get your spot before time runs out!

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

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