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.  

The focus of the buying today has been in the May 21st expiration, but I'm going to buy more time going a week further.

Here's what I’m doing...

Buy-to-open the Under Armour, Inc. (UA) May 28, 2021, $19.50 Call (UA280514C00019500)

At last glance, these contracts are trading at $0.40 x $0.50 per contract.

My profit target will be around $0.60 with a stop-out price at $0.22 per contract.

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