[Flash Alert]: Profit Target Triggered!

July 16, 2021

We have a new position that I'm going to take to the window and cash out.

Here's what I'm doing…

Sell-to-close the MGM July 30, 2021, $39.50/$37.50 put spread

At last glance, the spread is trading at $1.20 and I have a limit order to sell at $1.28.

If filled at that price, it's a 100% gain from entry at $0.64.

Congratulations again on this winning trade!

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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%