Flash Buy: Bonus Trade to Profit Ahead of Weekend

November 13, 2020

We’re seeing money flow out of the stay-at-home trades into reopening.

We have a new buy alert that has triggered in the energy sector.

The sector has been beaten down and looking for any reason to rally.

Here's what we're doing...

  • Buy-To-Open the Murphy Oil Corp. (NYSE: MUR) Dec. 18, 2020, $10 call (MUR201218C00010000) up to $0.50 per contract or better, for the day.

This new bullish signal triggered because $1. in notional value was just placed, betting shares will soar higher in the coming days any minute.

This new bullish signal triggered after a new $1.4 million New Money bet, which is a 470% surge in call options purchased.

If shares of Murphy Oil Corp. (NYSE: MUR) soar higher 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 MUR Dec. 18, 2020, $10 call:
  • The symbol is MUR201218C00010000.
  • Make sure you choose the right options expiration (expiring on Dec. 18, 2020).
  • Choose the $10 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 $0.50 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 MUR Dec. 18, 2020, $10 call with a $0.50 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.

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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%