Flash Buy: Act on This New Money Spike

February 8, 2021

The S&P 500 hit new all-time highs and the bulls are still in charge.

It’s hard to short this market right now, which will help our news buy alert.

Here's what we're doing...

Buy-To-Open the Flex Ltd. (NASDAQ: FLEX) Feb. 19, 2021, $20 call (FLEX210219C00020000) up to $0.60 per contract or better, for the day.

This new bullish call buying triggered after a $21 million New Money bet that shares will move higher by this Friday, which is a 10,600% surge in new opening call options.

So, we’re going to set our profit target at $1.20 and since the contract is $0.60, we will risk the full premium. 

Now, let’s manage our risk before entry and let the market come to us.

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

To your wealth, freedom, and options!

Joshua M. Belanger

Action

Symbol



Name

Description

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%