Profit Opportunity For New Highs In Gold

April 21, 2020

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."

Action

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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%