[Flash Alert]: New Hot Money Trade

May 5, 2021

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 Hanesbrands Inc. (NYSE: HBI) May 7, 2021, $22 call (HBI210507C00022000)

*This is a very speculative trade with two days to expire. That means this will move very fast or we could see a max loss.

At last glance, these calls are trading at $0.25 x $0.30 per contract.

My profit target will be around $0.10 and our stop-out price at $0.40 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

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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%