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.
Buy-To-Open the E2open Parent Holdings, Inc. (NYSE: ETWO) June 18, 2021, $12.50 call (ETWO210618C00012500).
At last glance, these calls are trading at $0.60 x $0.65 per contract.
My profit target will be around $0.78 and our stop-out price at $0.36 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