We have a new buy alert that has triggered.

Here's what we're doing…

• Buy-To-Open the Novo Nordisk A/S ADR (NYSE: NVO) July 17, 2020, $72.50 call (NVO200717C00072500) up to $0.70 per contract or better, for the day.

This new bullish signal triggered because $26.9 million in notional value was just placed, betting shares will soar higher.

If shares of Novo Nordisk A/S ADR (NYSE: NVO) soar higher in the coming days, our call would quickly increase into a double or triple-digit gain!

ACTION TO TAKE:

• In your brokerage account, locate the NVO July 17, 2020, $72.50 call:
• The symbol is NVO200717C00072500.
• Search for options under the stock ticker: NVO.
• Make sure you choose the right options expiration (expiring on July 17, 2020).
• Choose the $72.50 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 $0.70 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 NVO July 17, 2020, $72.50 call with a $0.70 limit or better; for the day."