Dear New Money Club Member,
We have a new buy alert that has triggered!
Action to Take:
Buy to Open World Wrestling Entertainment Inc. (NYSE: WWE) March 19, 2021, $55 calls (WWE210319C00055000) up to $0.55 per contract or better, for the day.
Our monitor triggered this new buy alert after detecting a directional $4.5 New Money bet in the February expiration, which expires on Friday.
This is a cheap bet that shares will pop higher after the recent earnings pullback. But we’re going into the March expiration to allow us some time for this to rally.
Now, we’re going to manage our risk by setting our profit target at $0.70 and our stop-out price at $0.30 per contract.
And I’ll be keeping you updated every step of the way.
To your wealth, freedom and options!
Joshua M. Belanger