[Flash Alert]: New Hot Money Trade!

December 8, 2021

We have a new Hot Money Trade that hit our system.

Our Hot Money monitor triggered a bearish alert in Pfizer Inc. (PFE).

The last few days I've been seeing OTM put buying and calls being sold. This change in order flow would indicate a bearish bias and could see a pullback.

Here's what I'm doing…

Buy-to-open the PFE Dec. 17, 2021, $50 put

At last glance, this is trading at $0.68 per contract.

I'll average into my position today and tomorrow morning and taking profits on the puts at $49.47, $48 and then $46.

My price targets will be $49.47, $48 and then $46.

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

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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%