Flash Buy: Bulls Rush in For A Gusher!

September 10, 2019

Volatility is easing its way out of the markets, and we’ve seen money rotate from technology into financials and energy the last two days.

Our Hot Money Tracker just flagged a new buy alert in Transocean Limited (NYSE: RIG).

We are seeing Hot Money betting that prices will soar higher in the coming days.

If Hot Money is correct, we could see these Transocean Limited calls quickly increase into a double or triple-digit gain.

Here's what we're doing…

We're buying to open the RIG Oct. 18, 2019, $6 calls up to $0.30 per contract.

Action to Take:

In your brokerage account, locate the RIG Oct. 18, 2019, $6 calls:

The symbol is RIG191018C00006000.

Search for options under the stock ticker: RIG.

Make sure you choose the right options expiration (expiring on Oct. 18, 2019).

Choose the $6 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 $0.30 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 RIG Oct. 18, 2019, $6 calls with a $0.30 limit; for the day."

Giddy up!

Joshua M. Belanger





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%