If you're new to Money Magnet Alerts or have any questions about how they work, watch this video first.
[Explainer Intro on why this trade was chosen.]
Here's what we're doing...
- [Buy-To-Open/Sell-To-Open, etc.] the [Company Name] ([exchange: ticker]) [expiration date], $[strike price] [call or put] ([full options ticker]) up to $[entry price] per contract or better, [for the day or good til canceled].
If shares of [Company Name] ([exchange: ticker]) move as expected we should see [profit $/% outcome].
ACTION TO TAKE:
In your brokerage account, locate the [company ticker, expiration date, strike price, call/put].
The symbol is [full options symbol/ticker].
Search for options under the stock ticker: [company ticker].
Make sure you choose the right options expiration (expiring on [expiration date]).
Choose the $[strike price] strike price.
Select "[call or put]" options. Select how many contracts to buy.
Once you have the right contract, click "[buy to open/sell to open, etc.]".
Choose "limit order." (This sets the max price you'll pay per contract).
Use a limit of $[entry price] per contract.
Click "[Day/GTC]" for TIF (Time In Force).
Then click "[buy/sell]" to transmit the order.
You can also call your broker and say, "I want to [instructions if given verbally to broker]."
I’ll be in touch soon,
Josh Martinez,
Money Magnet Alerts
P.S. ~ Don't forget to sign up for SMS Text Alerts if you haven't already. The easy form is on the right-hand side of this page.