We have a new Hot Money buy alert that has triggered.

• Buy-to-open the Barrick Gold Corp. (NYSE: GOLD) May 1, 2020, $25 call (GOLD200501C00025000) up to $1.05 per contract or better, for the day.

Our signal indicates that shares of Barrick Gold Corp. (NYSE: GOLD) could soar higher in the coming hours.

If that does happen, 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 GOLD May 1, 2020, $25 call:
• The symbol is GOLD200501C00025000.
• Search for options under the stock ticker: GOLD.
• Make sure you choose the right options expiration (expiring on May 1, 2020).
• Choose the $25 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 $1.05 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 GOLD May 1, 2020, $25 call with a $1.05 limit or better; for the day."