We have a new Hot Money Trade that hit our system.
Our Hot Money monitor triggered a bullish alert in NVIDIA Corp (NVDA).
NVDA shares are breaking out to new highs and I've seen strong call buying the last two session. I'm seeing traders get more aggressive with buying calls the last 15 minutes in next weeks expiring options.
Here's what I'm doing…
Buy-to-open the NVDA Nov. 26, 2021, $330/$350 call spread
At last glance, this is trading at $5.50 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.