We have a new Hot Money buy alert that has triggered that I couldn't pass up.
- Buy-to-open the Huazhu Group Limited (NASDAQ: HTHT) May 15, 2020, $25 put (HTHT200515P00025000) up to $0.80 per contract or better, for the day.
Today we have been seeing an interesting day of activity in several Chinese stocks traded in the U.S. (ADR).
Our signals are looking for these stocks to crash in the coming days.
Several days ago Luckin Coffee (LK) crashed lower afters the company withdrew previous financial statements and said its COO has been involved in fabricating transactions over the past year.
Where there's smoke, there's fire.
That’s why we are providing a bonus trade for this week.
If shares of Huazhu Group Limited (NASDAQ: HTHT) sinks lower in the coming days, our put would quickly increase into a double or triple-digit gain!
Here's what we're doing...
ACTION TO TAKE:
- In your brokerage account, locate the HTHT May 15, 2020, $25 put:
- The symbol is HTHT200515P00025000.
- Search for options under the stock ticker: HTHT.
- Make sure you choose the right options expiration (expiring on May 15, 2020).
- Choose the $25 strike price.
- Select "put" 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 $0.80 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 HTHT May 15, 2020, $25 put with a $0.80 limit or better; for the day."