Flash Buy: Classmates Status Seeking $200 Target

October 15, 2019

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."

Giddy up!

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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%