We have a new buy alert that has triggered.

#1. Our Hot Money monitor just spotted a 420% increase in call options contracts purchased in Electrameccanica Vehicles Corp. (SOLO), betting these will soar higher.

Here's what I'm doing...

Buy-to-open the SOLO June 18, 2021, $4 call

At last glance, these contracts are trading at $0.35 x $0.38 per contract.

*** Keep in mind this is a highly speculative trade.

#2. Our Hot Money monitor just spotted a 200% increase in call options contracts purchased in Vipshop Holdings Limited (VIPS), betting these will soar higher.

Buy-to-open the VIPS July 16, 2021, $24/$28 call spread

At last glance, this debit spread is trading at $1.20.

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