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.
Here's what I’m doing...
Buy-To-Open the EQT Corp (NYSE: EQT) May 21, 2021, $20 call (EQT210521C00020000).
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, and options!
Joshua M. Belanger