Flash Sell Alert: Time To Exit Into Today’s Weakness

October 14, 2020

Stocks soared higher to start the week but hit resistance.

Monday’s move pushed the S&P 500 and Nasdaq 100 back into all-time high levels.

You were disciplined and didn’t chase the action; we flipped the cards and took on a bearish hedge.

With today’s weakness, we are going to cut our newest position loose.

Here's what we're doing...

  • Sell-To-Close the Suncor Energy Inc. (NYSE: SU) Oct. 23, 2020, $12.50 put (SU201023C00012500) at the market.

Here’s what to do…


  • In your brokerage account, locate the SU Oct. 23, 2020, $12.50 put:
  • Locate the options in your portfolio with the ticker: SU.
  • The symbol is SU201023C00012500.
  • Select how many contracts you want to sell.
  • Once you have the right contract, click “sell to close.”
  • Choose “market.”

Then click "sell" to transmit the order.You can also call your broker and say, "I want to Sell-To-Close SU Oct. 23, 2020, $12.50 put (SU201023C00012500) at market."

Congrats on your winning trade!

It’s not a triple-digit gain but closing out winning trades does feel good.

I love hearing about your success, so please take a few moments to let me know how YOU personally fared in this trade. I’d love to hear from you. You can email me here: [email protected]

To your wealth, freedom & 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%