[Flash Alert]: New Hot Money Trade!

January 18, 2022

Our Hot Money scanner spotted a new bullish alert in Freeport McMoRan Inc. (FCX) after massive upside call buying.

Here's what I'm doing…

Buy-to-open the FCX Feb. 18, 2022, $48/$55 call spread

At last glance, this is trading around $0.98 per spread.

That means with a max profit opportunity of $6.00 per spread if we move above $55 per share in the coming weeks.

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





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%