Blitz Daily: Wall Street Loads Up on This Supercharged Semiconductor
In Thursday’s Blitz Daily with Lance Ippolito, we’ll take a look at semiconductor company AMD after it saw consecutive days of strong institutional order flow on the strength of its earnings report.
Well, guess who’s back? We mentioned AMD in Wednesday's Blitz Daily video, and the stock is raging again today! Not even the semiconductor shortage can keep this company from crushing earnings. The big boys said, “I want more!” And the options are up across the board.
In particular, the Aug. 6 $96 strike calls were up a cool 200% Thursday. The Blitz Tracker then picked up institutional traders buying the July 30 $101 calls, which tripled in a few short hours. That is some hot order flow on a stock that is just en fuego....
But the excitement doesn’t end there, I have three other tickers traders need to know about, including a golden options opportunity…
Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our Terms and Conditions for more information.
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