Dear New Money Club Member,
Stocks are having a monster day! The S&P 500 and Russel 2000 have hit new all-time highs.
There seems to be a lot of euphoria in today’s market … but on the trading floor, we’d say this is a "buy the rumor, sell the news" event. So, we’re not going to chase stocks here, but we do have an interesting trigger in a gold play.
Here's what we're doing...
Buy to Open Sandstorm Gold Ltd. (NYSE: SAND) Jan. 15, 2021, $10 calls (SAND210115C00010000) up to $0.20 per contract or better, for the day.
This new bullish signal triggered after a new $1.2 million New Money bet, which is a 520% surge in call options purchased.
If shares of SAND soar higher in the coming days, our call could quickly increase into a double- or triple-digit gain!
ACTION TO TAKE:
In your brokerage account, locate the SAND Jan. 15, 2021, $10 call: The symbol is SAND210115C00010000.
Make sure you choose the right options expiration (expiring on Jan. 15, 2021).
Choose the $10 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 $0.20 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 SAND Jan. 15, 2021, $10 calls with a $0.20 limit or better, for the day."
Now, I’m looking forward to closing out profits from this quickly. And I’ll be keeping you updated every step of the way.
To your wealth, freedom and options!
Joshua M. Belanger