We have a new buy alert that has triggered…
Our Hot Money Tracker spiked with a 540% increase in the put options volume in Ally Financial Inc (NYSE: ALLY).
Hot Money purchased around $210,000 in the put options premium betting that prices will sink lower in the coming days.
If Hot Money is correct, we could see these Ally Financial Inc puts quickly increase into a double or triple-digit gain.
Here's what we're doing...
We're buying to open the ALLY October 18, 2019, $33 puts up to $0.65 per contract.
Action to Take:
You can also call your broker and say, "I want to buy ALLY October 18, 2019, $33 puts with a $0.65 limit; for the day."