Flash Buy: Sure Bets Placed This Social Media Stock Soars

May 4, 2020

We have a new Hot Money buy alert that has triggered.

  • Buy-to-open the Snap Inc (NYSE: SNAP) May 15, 2020, $18.50 call (SNAP200515C00018500) up to $0.22 per contract or better, for the day.

If shares of Snap Inc (NYSE: SNAP) soar higher in the coming days, our call would quickly increase into a double or triple-digit gain!

Here's what we're doing...


  • In your brokerage account, locate the SNAP May 15, 2020, $18.50 call:
  • The symbol is SNAP200515C00018500.
  • Search for options under the stock ticker: SNAP.
  • Make sure you choose the right options expiration (expiring on May 15, 2020).
  • Choose the $18.50 strike price.
  • Select "call" options. Select how many contracts to buy.
  • Once you have the right contract, click "buy to open."
  • Choose a "limit order." (This sets the max price you'll pay per contract).
  • Use a limit of $0.22 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 SNAP May 15, 2020, $18.50 call (SNAP200515C00018500) with a $0.22 limit or better; for the day."





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%