[Flash Alert]: New Hot Money Trade!

February 14, 2022

Our Hot Money scanner spotted a new bullish alert in Melco Resorts and Entertainment Ltd. (MLCO).

Options volume is 200% higher than the average daily traded with buyers in the April expiration.

Here's what I'm doing…

Buy-to-open the MLCO Apr. 14, 2022, $15 call

At last glance, this is trading around $0.35 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.

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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%