Flash Buy: A New Basic Materials Stock Ready to Pop

December 14, 2020

It’s December options expiration week and we’re seeing stocks buzzing back and forth to start the trading week.

Despite today’s two-sided market, our newest buy alert triggered minutes ago.

Here's what we're doing...

  • Buy-To-Open the Axalta Coating Systems Ltd. (NYSE: AXTA) Jan. 15, 2021, $32 call (AXTA210115C00032000) up to $0.60 per contract or better, for the day.

This bullish options call roll is a new $8.5 million New Money bet, which is a 510% surge in new call options purchased.

If shares of Axalta Coating Systems Ltd. (NYSE: AXTA) soar in the coming days, our call would quickly increase into a double or triple-digit gain!

ACTION TO TAKE:

  • In your brokerage account, locate the AXTA Jan. 15, 2021, $32 call:
  • The symbol is AXTA210115C00032000.
  • Make sure you choose the right options expiration (expiring on Jan. 15, 2021).
  • Choose the $32 strike price.
  • Select "call" options.
  • Select how many contracts to buy.
  • Once you have the right contract, click "buy to open."
  • Choose "limit order." (This sets the max price you'll pay per contract).
  • Use a limit of $0.60 per contract.
  • Click "Day" for TIF (Time in Force).
  • Then click "buy" to transmit the order.

You can also call your broker and say, "I want to Buy-To-Open AXTA Jan. 15, 2021, $32 call with a $0.60 limit or better; for the day."

Now, I’m looking forward to closing out profits from this quickly.

And I’ll be keeping you updated every step of the way.

To your wealth, freedom, and options!

Joshua M. Belanger

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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%