Oil Stocks Spike Higher - Book Your Gains Now!

January 3, 2020

It's time to pocket your hard-earned gains!

On Monday, we entered Transocean Limited (NYSE: RIG) Jan. 24, 2020, $7 call.

Despite this morning’s weakness in the broader market as tensions escalate with tension with Iran, oil is up 5%.

This spike higher in oil has sent our position soaring higher by 30% in less than 72 hours.

At this time, our system says to lock in these quick gains!

Here’s what to do…

Action to Take:

  • In your brokerage account, locate the RIG Jan. 24, 2020, $7 calls:
  • Locate the options in your portfolio with the ticker: RIG.
  • The symbol is RIG200124C00007000.
  • 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 RIG Jan. 24, 2020, $7 calls at market."

Congrats on your winning trade!

We love hearing about your success, so please take a few moments to let me know how YOU 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 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%