[Flash Alert]: New Hot Money Trade Triggered!

September 23, 2021

Our Hot Money monitor triggered a bullish alert in Tronox Holdings (TROX).

We're seeing upside positioning the last two days in the December expiration with a institution buying the $25/$30 call spread.

It was rumored 10 days that Apollo group had a bid to buy the company at $27 per share. It hasn't been confirmed, but we could see white knight come in and bid a higher price.

Here's what I'm doing…

Buy-to-open the TROX December 17, 2021, $25/$30 call spread

At last glance, this is trading at $1.65 per spread.

Let’s manage our risk before entry and 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%