Flash Buy: Pedal to The Metal

September 12, 2019

I apologize for impromptu bonus flash buy alert, but there’s an opportunity right that we need to take advantage of ASAP.

Hot Money has been active in the name the last several days, and it looks like bulls are going to burn rubber here.

Prices of Goodyear Tire & Rubber Co (NASDAQ: GT) was down 4% earlier today and have recovered, which means someone is buying the stock on any weakness.

Here's what we're doing...

Action to Take:

In your brokerage account, locate the GT November 1, 2019, $15 calls:

The symbol is GT191101C00015000.

Search for options under the stock ticker: GT.

Make sure you choose the right options expiration (expiring on November 1, 2019).

Choose the $15 strike price.

Select "calls" options. Select how many contracts to buy.

Once you have the right contract, click "buy to open."

Choose "limit order." (This sets the max price you'll pay per contract).

Use a limit of $0.55 per contract.

Click "Day" for TIF (Time In Force).

Then click "buy" to transmit the order.

You can also call your broker and say, "I want to buy GT November 1, 2019, $15 calls with a $0.55 limit; for the day."

Giddy up!

Joshua M. Belanger





Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%