We have a new Hot Money Trade that hit our system.
Our Hot Money monitor triggered a bullish alert in Tesla Inc. (TSLA).
TSLA shares are holding a key support level at $1,000 per share and upside calls are being bought up here. It's likely we see a bounce in the next 48 hours.
Here's what I'm doing…
Buy-to-open the TSLA Nov. 19, 2021, $1030/$1060 call spread
At last glance, this is trading at $8.35 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.