Our Hot Money monitor triggered this new buy alert after $816,000 in new call option contracts were just purchased, betting shares in this underlying will soar higher.
Here's what we're doing...
Buy-To-Open the ZTO Express ADR (NYSE: ZTO) May 21, 2021, $30 call (ZTO210521C00030000).
At last glance, these calls are trading at $1.60 x $1.65 per contract.
Our profit target will be $2.15 and our stop-out price at $1.00 per contract.
Now, let’s manage our risk before entry and I’ll keep you updated every step of the way.
To your wealth, freedom & options!
Joshua M. Belanger