Flash Buy: Look Out Below As Prices Sink

September 3, 2019

We have a new buy alert that has triggered…

Our Hot Money Tracker spiked in Corning Inc (NYSE: GLW).

Hot Money is betting that prices will sink lower in the coming days.

If Hot Money is correct, we could see these Corning Inc puts quickly increase into a double or triple-digit gain.

Here's what we're doing...

We're buying to open the GLW September 13, 2019, $27 puts up to $0.65 per contract.

ACTION TO TAKE:

In your brokerage account, locate the GLW September 13, 2019, $27 puts:

The symbol is GLW190906P00027000.

Search for options under the stock ticker: GLW.

Make sure you choose the right options expiration (expiring on September 13, 2019).

Choose the $27 strike price.

Select "puts" 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 $0.65 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 GLW September 13, 2019, $27 puts with a $0.65 limit; for the day."

Giddy up!

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%