Dear New Money Club Member,

The market is moving in our direction, and you have another opportunity to lock in some gains!

Sell to Close 50% of Melco Resorts & Entertainment (Nasdaq: MLCO) Oct. 16, 2020, $20 calls (MLCO201016C00020000) at the market.

You’ve earned the right to take off some of your gains. Let’s manage your profits by selling 50% of your position, which will lock in a guaranteed 50% gain!

These contracts don’t expire for another 31 days, so we have time to ride MLCO even higher.

Here’s what to do…

ACTION TO TAKE:

In your brokerage account, locate the MLCO Oct. 16, 2020, $20 call: The symbol is MLCO201016C00020000.

Select how many contracts you want to sell.

Once you have the right contract, click “Sell to Close.”

Choose “Market.”

Then click "Sell" to transmit the order.

You can also call your broker and say, "I want to Sell to Close MLCO Oct. 16, 2020, $20 calls (MLCO201016C00020000) at the market."

Congrats on your new gains!

I’m looking forward to closing out the rest for bigger profits — and I’ll be keeping you updated every step of the way.

Talk with you soon.

Joshua M. Belanger

New Money Club