We have a new Hot Money Trade that hit our system.
Our Hot Money monitor triggered a bullish alert in Ford Motor Company (F).
Shares of F are hitting new 52 week highs and call buyers are piling into upside calls that expire on Friday.
Here's what I'm doing…
Buy-to-open the F Nov. 19, 2021, $20.50/23 call spread
At last glance, this is trading at $0.50 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.