Flash Buy: Kick Off the Week With This New Trade

July 6, 2020

Welcome back!

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!

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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%