Flash Buy: Bulls Find Value On A Down Day

January 27, 2020

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!





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%