We’re officially back with another week of money-making opportunities.
Today, we have two new buy alerts that triggered!
Here's what we're doing...
- Buy-To-Open the STMicroelectronics ADR (NYSE: STM) Aug. 21, 2020, $35 call (STM200821C00035000) up to $0.45 per contract or better, for the day.
- Buy-To-Open the Nordic Amer Tankers (NYSE: NAT) Oct. 16, 2020, $5 call (NAT201016C00005000) up to $0.54 per contract or better, for the day.
These two new bullish signals triggered after a new $7.5 million in notional value in NAT and $5.5 million in STM was just placed.
If shares of STMicroelectronics ADR (NYSE: STM) and Nordic Amer Tankers (NYSE: NAT) soar higher in the coming days, our call options will quickly increase into a double or triple-digit gain!
ACTION TO TAKE:
- In your brokerage account, locate the STM Aug. 21, 2020, $35 call:
- The symbol is STM200821C00035000.
- Make sure you choose the right options expiration (expiring on Aug. 21, 2020).
- Choose the $35 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 $0.45 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 STM Aug. 21, 2020, $35 call with a $0.45 limit or better; for the day."
-AND-
- In your brokerage account, locate the NAT Oct. 16, 2020, $5 call:
- The symbol is NAT201016C00005000.
- Make sure you choose the right options expiration (expiring on Oct. 16, 2020).
- Choose the $5 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 $0.54 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 NAT Oct. 16, 2020, $5 call with a $0.54 limit or better; for the day."
Now, I’ll keep you updated on how this trade moves and when it's time to take your profits!.
To your wealth, freedom, and options!