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Blitz Daily: Light Options Flow, Fed Fears Push Bullish Rotation to Biotech

by | Dec 15, 2021

In Wednesday’s Blitz Daily, we take a look at pharma kingpin Pfizer as bulls targeted safety in the lead-up to the mid-afternoon Federal Reserve announcement.

We saw extremely light trading Wednesday morning as Wall Street waited to see how Chair Jerome Powell and the Federal Open Market Committee would act coming out of the December meeting.  

As a result, traders who weren’t on the sidelines moved toward the low-beta names in biotech, including a big move into Pfizer, and the food and beverage markets.  

Shares jumped as much as 4% on the day as the bulls piled in for shelter from the choppy markets. On the options side, one trader scooped up more than 1,250 contracts of the Jan. 21, 2022, $60 strike call options for about $190,000 in premium! 

Of course, that’s not the only name hitting the tape Wednesday… I have four more top flow trades waiting below…

    • Pfizer Inc. (NYSE: PFE): Jan. 21, 2022, $60 CALL. 
    • Eli Lilly and Co. (NYSE: LLY): Jan. 21, 2022, $300 CALL. 
    • BlackBerry Ltd. (NYSE: BB): Dec. 17 $9.50 CALL.
    • Cerner Corp. (Nasdaq: CERN): Dec. 17 $82.50 CALL.
    • The Coca-Cola Co. (NYSE: KO): Dec. 17 $59 CALL.

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

P.S. I call them “Overnighters…” And in the past couple of months, I’ve pegged returns of 76%, 100%, 109%, 254% and even a rare 925% return — yes, all overnight! And there are plenty more catalyst events coming up… Ready to learn how I do it? Check out my secret strategy for FREE!

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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