[Flash Alert]: New Hot Money Trade Triggered!

May 20, 2021

We have a new buy alert that has triggered.

Our Hot Money monitor just spotted a 400% increase in fresh buying of call option contracts purchased in International Paper Company (IP), betting these will soar higher.

Here's two ways to trade this activity…

Buy-to-open International Paper Company (IP) July 16, 2021, $67.50 Call (IP210716C00067500)

At last glance, these contracts are trading at $0.60 x $0.80 per contract.

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

I'm going to buy-to-open the July 16, $65 call and sell-to-open the $67.50 call for a $1.08 debit per spread.

Now, 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%