Flash Buy: Bullish Bet That Cloud Stock Will Soar

February 11, 2020

The market action is slower than expected, but we have a new Hot Money buy alert that has triggered.

  • Buy-to-open the Cloudflare, Inc. (NYSE: NET) Feb. 21, 2020, $22.50 call (NET200221C00022500) up to $0.35 per contract or better, for the day.

If Hot Money is right and shares of Cloudflare, Inc. (NYSE: NET) soar higher in the coming days, our call 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 NET Feb. 21, 2020, $22.50 call:
  • The symbol is NET200221C00022500.
  • Search for options under the stock ticker: NET.
  • Make sure you choose the right options expiration (expiring on Feb. 21, 2020).
  • Choose the $22.50 strike price.
  • Select "call" options. Select how many contracts to buy.
  • Once you have the right contract, click "buy to open."
  • Choose a "limit order." (This sets the max price you'll pay per contract).
  • Use a limit of $0.35 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 NET Feb. 21, 2020, $22.50 call with a $0.35 limit or better; for the day."

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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%