[Flash Alert]: New Hot Money Trade Triggered!

May 17, 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 these will soar higher.

Buy-to-open RLX Technology Inc. (RLX) June 18, 2021, $15 Call (RLX210618C00015000)

At last glance, these contracts are trading at $0.70 x $0.85 per contract.

The profit target will be around $0.97 with a stop-out price at $0.45 per contract.

But, I'm going to play through a call spread.

That means I am going to buy the June $15 call and sell the $17.50 for a 30 cent debit.

Now, let’s manage our risk before entry and I’ll keep you updated every step of the way.





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%