Flash Buy: Two New Plays to Add Now

June 29, 2020

We have two new buy alert that has triggered.

Here's what we're doing…

  • Buy-To-Open the ON Semiconductor Corp (NASDAQ: ON) July 17, 2020, $21 call (ON200717C00021000) up to $0.75 per contract or better, for the day.
  • Buy-To-Open the Vale S.A. ADR (NYSE: VALE) Aug. 21, 2020, $12 call (VALE200821C00012000) up to $0.20 per contract or better, for the day.

These two new bullish signals triggered because $6.7 million in VALE and $31.5 million in notional value were placed.

New money is betting shares will soar higher in the coming days any minute.

If shares of ON Semiconductor Corp (NASDAQ: ON) and Vale S.A. ADR (NYSE: VALE) soar higher in the coming days, these call options would increase into a double or triple-digit gain!

ACTION TO TAKE:

  • In your brokerage account, locate the ON July 17, 2020, $21 call:
  • The symbol is ON200717C00021000.
  • Search for options under the stock ticker: ON.
  • Make sure you choose the right options expiration (expiring on July 17, 2020).
  • Choose the $21 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 $0.75 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 ON July 17, 2020, $21 call with a $0.75 limit or better; for the day."

-AND-

  • In your brokerage account, locate the VALE Aug. 21, 2020, $12 call:
  • The symbol is VALE200821C00012000.
  • Search for options under the stock ticker: VALE.
  • Make sure you choose the right options expiration (expiring on Aug. 21, 2020).
  • Choose the $12 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 $0.20 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 VALE Aug. 21, 2020, $12 call with a $0.20 limit or better; for the day."

To your wealth, freedom, and options!

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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%