We have a new Hot Money Trade that hit our system.
Our Hot Money monitor triggered a bullish alert in Apple Inc (AAPL).
I'm seeing massive amounts of money position into OTM calls the several days betting shares rocket higher.
Everyone has eyes on Apple becoming the first 3 trillion-dollar company and that looks like that could happen next week.
And today's weakness is a great entry point.
Here's what I'm doing…
Buy-to-open the AAPL Dec. 23, 2021, $182.50 call
At last glance, this is trading at $0.69 per contract.
I'll average into my position.
If prices start to spike higher, I'll take profits when the stock prices hit $178.50, 182.50, and the rest on the breakout.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.