Our Hot Money monitor triggered a bullish alert in Norwegian Cruise Line Holdings Ltd (NCLH).
I'm seeing massive amounts of money position into ATM calls that expire in 3 days.
That means they are looking for prices to rocket higher in the coming hours.
And this positioning is coming with shares trading higher despite the market sell-off.
Here's what I'm doing…
Buy-to-open the NCLH Dec. 23, 2021, $21 call
At last glance, this is trading at $0.46 per contract.
I'll average into my position.
If prices start to spike higher, I'll be selling into that move.
Because this is a short-term trade, be more active with taking profits as shares climb higher.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.