Our Hot Money scanner spotted a new bullish alert in Cinemark Holdings Inc. (CNK).
Options volume is 400% higher than the average daily traded with buyers in the Feb expiration.
Here's what I'm doing…
Buy-to-open the CNK Feb. 18, 2022, $17.50 call
At last glance, this is trading around $0.25 per contract.
As always, I'm averaging into this position and managing risk before entry.
I’ll keep you updated every step of the way.