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."
