Stocks are having a monster day!

The S&P 500 and Russel 2000 have pushed into new all-time highs.

There’s seems to be a lot of euphoria in today’s market, but on the trading floor, we’d say this is a "buy the rumor, sell the news" event.

So, we’re not going to chase stocks here, but we do have an interesting trigger in a gold play.

Here's what we're doing...

• Buy-To-Open the Sandstorm Gold Ltd. (NYSE: SAND) Jan. 15, 2021, $10 call (SAND210115C00010000) up to $0.20 per contract or better, for the day.

This new bullish signal triggered after a new $1.2 million Hot Money bet, which is a 520% surge in call options purchased.

If shares of Sandstorm Gold Ltd. (NYSE: SAND) soar higher in the coming days, our call would quickly increase into a double or triple-digit gain!

ACTION TO TAKE:

• In your brokerage account, locate the SAND Jan. 15, 2021, $10 call:
• The symbol is SAND210115C00010000.
• Make sure you choose the right options expiration (expiring on Jan. 15, 2021).
• Choose the $10 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 $0.20 per contract.
• Click "Day" for TIF (Time on Force).
• Then click "buy" to transmit the order.

You can also call your broker and say, "I want to Buy-To-Open SAND Jan. 15, 2021, $10 call with a $0.20 limit or better; for the day."

Now, I’m looking forward to closing out profits from this quickly.

And I’ll be keeping you updated every step of the way.