We have a new Hot Money sure bet alert that has triggered.

• Buy-to-open the Virgin Galactic Holdings, Inc. (NYSE: SPCE) May 29, 2020, $25 call (SPCE200529C00025000) up to $0.75 per contract or better, for the day.

If shares of Virgin Galactic Holdings, Inc. (NYSE: SPCE) 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 SPCE May 29, 2020, $25 call:
• The symbol is SPCE200529C00025000.
• Search for options under the stock ticker: SPCE.
• Make sure you choose the right options expiration (expiring on May 29, 2020).
• Choose the $25 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 $0.75 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 SPCE May 29, 2020, $25 call with a $0.75 limit or better; for the day."