Our Hot Money Tracker has alerted us to a new buy alert.
We see Hot Money make a bullish move in Facebook, Inc. (NASDAQ: FB).
Our system shows that Hot Money just placed a 2 million dollar bet that prices will soar higher in the coming days.
If Hot Money is correct, we could see these Facebook, Inc. calls quickly increase into a double or triple-digit gain.
Here's what we're doing...
We're buying to open the FB November 1, 2019, $195 calls up to $3.85 per contract or better, for the day.
Action to Take:
- In your brokerage account, locate the FB November 1, 2019, $195 calls:
- The symbol is FB191101C00195000.
- Search for options under the stock ticker: FB.
- Make sure you choose the right options expiration (expiring on November 1, 2019).
- Choose the $195 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 $3.85 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 FB November 1, 2019, $195 calls with a $3.85 limit or better; for the day."