We have a new buy alert that has triggered…
Our Hot Money Tracker spiked in CNH Industrial NV (NYSE: CNHI).
Hot Money is betting that prices will soar higher in the coming days.
If Hot Money is correct, we could see these CNH Industrial NV calls quickly increase into a double or triple-digit gain.
Here's what we're doing...
We're buying to open the CNHI September 20, 2019, $10 calls up to $0.25 per contract.
Action to Take:
In your brokerage account, locate the CNHI September 20, 2019, $10 calls:
The symbol is CNHI190920C00010000.
Search for options under the stock ticker: CNHI.
Make sure you choose the right option expiration (expiring on September 20, 2019).
Choose the $10 strike price.
Select "calls" 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 $0.25 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 CNHI September 20, 2019, $10 calls with a $0.25 limit; for the day."
Once in the trade we will be looking for:
Stop Loss at $0.05 per contract.
Profit Target at $0.50 per contract.