I hope you had a great holiday weekend.
But it’s time to get back down to business.
We have a new buy alert that has triggered.
Chinese stocks are on fire today and hot money is positioning for prices to continue higher.
Here's what we're doing...
- Buy-To-Open the China Mobile LTD ADR (NYSE: CHL) Aug. 21, 2020, $40 call (CHL200821C00040000) up to $0.60 per contract or better, for the day.
This new bullish signal triggered because $3.5 million in notional value was just placed.
Hot money is betting shares will soar higher in the coming days.
If shares of China Mobile LTD ADR (NYSE: CHL) soar higher in the coming days, our call options would quickly increase into a double or triple-digit gain!
ACTION TO TAKE:
- In your brokerage account, locate the CHL Aug. 21, 2020, $40 call:
- The symbol is CHL200821C00040000.
- Search for options under the stock ticker: CHL.
- Make sure you choose the right options expiration (expiring on Aug. 21, 2020).
- Choose the $40 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 $0.60 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 CHL Aug. 21, 2020, $40 call with a $0.60 limit or better; for the day."
To your wealth, freedom, and options!