We have a new buy alert that has triggered.
Our Hot Money monitor just spotted an unusual 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 Ford Motor Co. (NYSE: F) April 30, 2021, $12 call (F210430C00012000).
At last glance, these calls are trading at $1.04 x $1.07 per contract.
Our profit target will be around $1.36 and our stop-out price at $0.63 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