Flash Buy: Here’s Your First New Trade for August

August 3, 2020

The market is trading higher and I continue to see more bullish positioning than bearish.

This leads us to our newest buy alert that has triggered.

Here's what we're doing...

  • Buy-To-Open the Cameco Corp. (NYSE: CCJ) Sept. 18, 2020, $12 call (CCJ200918C00012000) up to $0.35 per contract or better, for the day.

This new bullish signal triggered because $11 million in notional value was just placed.

If shares of Cameco Corp. (NYSE: CCJ) 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 CCJ Sept. 18, 2020, $12 call:
  • The symbol is CCJ200918C00012000.
  • Make sure you choose the right options expiration (expiring on Sept. 18, 2020).
  • Choose the $12 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 $0.35 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 CCJ Sept. 18, 2020, $12 call with a $0.35 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

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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%