[Flash Alert]: New Hot Money Trade!

December 29, 2021

Our Hot Money monitor triggered a new bullish alert in Gilead Sciences Inc. (GILD).

Shares of the GILD are at 52-week highs and I'm seeing a new bullish position placed it betting for prices to continue higher in the next 16 days.

Here's what I'm doing…

Buy-to-open the GILD Jan. 14, 2022, $74/77 call spread

At last glance, this is trading around $0.80 per spread.

I'm spreading this off because this stock isn't a fast mover, selling the OTM call will offset some of the decay on a slow move higher.

As always, I'm averaging into this position and managing risk before entry.

I’ll keep you updated every step of the way.





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%