Flash Buy: Turning Black Gold into Green Gains

February 16, 2021

Stocks are flat coming off the 3-day weekend, but the energy sector is strongest after prices jumped higher as millions have been left without power in Texas and other states.

The oil sector has been a laggard, but we are starting to see money rotate into the sector and our newest buy alert.

Here's what we're doing...

Buy-to-open the BP p.l.c. (NYSE: BP) June 18, 2021, $24 call (BP210618C00024000) up to $1.75 per contract or better, for the day.

Our monitor triggered this new buy alert after detecting a directional $6.3 new money bet in the June expiration that shares will continue to move higher.

Now, we’re going to manage our risk by setting our profit target at $2.20. and our stop-out price at $1.05 per contract.

And I’ll be keeping you updated every step of the way.

To your wealth, freedom, and options!

Joshua M. Belanger





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%