Mobile Game Maker Prices Ready To Soar!

February 18, 2020

Broad markets are seeing early weakness after a three day weekend, but Hot Money is active and has triggered a new bullish alert.

  • Buy-to-open Glu Mobile Inc. (NASDAQ: GLUU) June 19, 2020, $7 call (GLUU200619C00007000) up to $1.30 per contract or better, for the day.

If our Hot Money signal is right and shares of Glu Mobile Inc. (NASDAQ: GLUU) soar higher in the coming days, our call would quickly increase into a double or triple-digit gain!

Here's what we're doing...

Action to Take:

  • In your brokerage account, locate the GLUU June 19, 2020, $7 call:
  • The symbol is GLUU200619C00007000.
  • Search for options under the stock ticker: GLUU.
  • Make sure you choose the right options expiration (expiring on June 19, 2020).
  • Choose the $7 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 $1.30 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 GLUU June 19, 2020, $7 call with a $1.30 limit or better; for the day."

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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%