Coronavirus uncertainty has stocks starting the week off in the red.
Despite all the red in today’s market, we a new buy alert that just triggered.
Here's what we're doing...
- Buy-To-Open the Tower Semiconductor Ltd. (NASDAQ: TSEM) Nov. 20, 2020, $21 call (TSEM201120C00021000) up to $1.05 per contract or better, for the day.
This new bullish signal triggered after a new $1.9 million Hot Money bet, which is a 2,600% surge in call options purchased.
If shares of Tower Semiconductor Ltd. (NASDAQ: TSEM) 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 TSEM Nov. 20, 2020, $21 call:
- The symbol is TSEM201120C00021000.
- Make sure you choose the right options expiration (expiring on Nov. 20, 2020).
- Choose the $21 strike price.
- Select "call" options & 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 $1.05 per contract.
- Click "Day" for TIF (Time in Force) - Click "buy" to transmit the order.
You can also call your broker and say, "I want to Buy-To-Open TSEM Nov. 20, 2020, $21 call with a $1.05 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.
To your wealth, freedom, and options!
Joshua M. Belanger