We have a new Hot Money buy alert that has triggered.
- We're buying to open the Zynga Inc (NYSE: ZNGA) June 19, 2020, $6 call up to $0.63 per contract or better, for the day.
This new bullish signal triggered due to a 330% increase in call option contracts purchased in Zynga Inc (NYSE: ZNGA).
Were seeing over $1.4 million in options premium purchased thus far, which only profits if prices will soar higher in the coming days.
If Hot Money is right and shares of Zynga Inc (NYSE: ZNGA) soar higher in the coming days, our call option contracts 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 ZNGA June 19, 2020, $6 call:
- The symbol is ZNGA200619C00006000.
- Search for options under the stock ticker: ZNGA.
- Make sure you choose the right options expiration (expiring on June 19, 2020).
- Choose the $6 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 $0.63 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 ZNGA June 19, 2020, $6 call with a $0.63 limit or better; for the day."
To your wealth, freedom, and options!