[Flash Alert]: Hot Money Trade Triggered!

July 21, 2021

Our Hot Money monitor triggered a bullish alert in Snowflake Inc. (SNOW).

We're seeing 44k calls traded vs. 7.7k puts and big positioning in the $275 calls expiring next week.

I'm going to buy more time with going out a few more weeks and using a spread.

Here's what I'm doing…

Buy-to-open the SNOW Aug 20th, 2021, $275/285 call spread

At last glance, this is trading at $2.40 per spread.

Let’s manage our risk before entry and I’ll keep you updated every step of the way.





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%