In Tuesday's Blitz Daily with Lance Ippolito, we take a look at the travel sector U.S. Global Jets ETF as options activity picks up in airlines ahead of Boeing earnings before the opening bell Wednesday.
Markets are trending as earnings season is heating up, and that’s a fantastic recipe for top-flight order flow.
But what caught my eye during Tuesday’s session was the flow in the beaten-down travel sector. Traders are lining up to play the Boeing earnings event without having to pay the massive premium its options chain commands.
Traders who couldn’t pick just one took positions in the U.S. Global Jets ETF, with shares continuing to bounce Tuesday, surging as high as 3.25% from where it opened the week.
But while they chose to bet the field, they were decisive when it came time to pick a particular option, loading up more than 20,900 of the Feb. 4 $21.50 strike call!
Of course, if you’re a single-stock kind of trader, I have you covered, too…
Those who know this new trading trick have been able to lock in lightning-fast returns like 62.07% on PM, 46.99% on X and even 139.5% on RCL — all with just a few hours of market exposure...
Disclaimer : The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.
Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "5 Top-Flight Option Plays Banking on Big Boeing Earnings"
Post a Comment