We have a new buy alert that has triggered.

Our Hot Money monitor just spotted a massive amount of new call option contracts purchased, betting shares in this underlying will soar higher.

This is a hard to borrow stock that has settled down a bit, which could lead to a massive move higher.

Here's what I’m doing…

Action to Take:

Buy-To-Open the Rocket Companies (NYSE: RKT) April 30, 2021, $24 call (RKT210430C00024000).

At last glance, these calls are trading at $0.45 x $0.50 per contract.

My profit target will be around $0.60 and our stop-out price at $0.27 per contract.

Now, let’s manage our risk before entry and I’ll keep you updated every step of the way.
To your wealth, freedom & options!

Joshua M. Belanger