Flash Buy: Get Ready For A Bounce In This Bank

March 19, 2020

Markets look to be firming up here and setting up for a possible rally tomorrow.

We have a new Hot Money buy alert that has triggered.

  • Buy-to-open the Huntington Bancshares Inc (NASDAQ: HBAN) May 15, 2020, $8 call (HBAN200515C00008000) up to $1.18 per contract or better, for the day.

If our Hot Money signal is right and shares of Huntington Bancshares Inc (NASDAQ: HBAN) prices soar higher in the coming days, our call would quickly increase into a double or triple-digit gain - giddy up!

Here's what we're doing...

Action to Take:

  • In your brokerage account, locate the HBAN May 15, 2020, $8 call:
  • The symbol is HBAN200515C00008000.
  • Search for options under the stock ticker: HBAN.
  • Make sure you choose the right options expiration (expiring on May 15, 2020).
  • Choose the $8 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 $1.18 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 HBAN May 15, 2020, $8 call with a $1.18 limit or better; for the day."





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%