Dear New Money Club Member,
Welcome back from a blessed Thanksgiving!
I’m trading by the pool today. And despite today’s weakness, a new buy alert just triggered!
Here's what we're doing...
Buy to Open Vale SA (NYSE: VALE) Dec. 24, 2020, $16 calls (VALE201224C00016000) up to $0.22 per contract or better, for the day.
This is the same stock we locked a 200% gain in a few weeks ago. And right now, we’re seeing original buyers lock in their profits by closing out their previous trades and rolling into a higher strike by opening a new bullish position.
This new bullish signal triggered following a fresh $5.5 million New Money bet, which is a 1,400% surge in new call options purchased.
If shares of VALE soar higher in the coming days, these call options would quickly increase into a double- or triple-digit gain!
ACTION TO TAKE:
In your brokerage account, locate the VALE Dec. 24, 2020, $16 call: The symbol is VALE201224C00016000.
Make sure you choose the right options expiration (expiring on Dec. 24, 2020).
Choose the $16 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 $0.22 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 VALE Dec. 24, 2020, $16 calls with a $0.22 limit or better, for the day."
Now, I’m looking forward to closing out profits from this quickly. And, of course, I’ll be keeping you updated every step of the way.
To your wealth, freedom and options!
Joshua M. Belanger