APR 2016 Core Commentary Posted at: April 8th - 2:55 PM Monthly Option Alert Alert Message Welcome all to Options-Intelligence Core plays. We have no major financial reports, no Fed meeting, just straight options expirations. In the past we have used a combination of Puts and calls to achieve our April average. This month we will most likely take the put side on most plays but may sprinkle a few calls in to mix it up. Charts are not in good shape and some may want to exit before the old sell in May and go away theory. As normal, buy just before the close and set your limit orders in the 25-50% range. Limits & Stops SELF DIRECTED TRADERS: Monthly Option alerts should be traded with NO stop loss targeting 30% - 50% returns. Additional Trades View all recent trades. Monthly Options Instructions All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120. Read Monthly Options Guidelines for more information about how to trade our Weekly Options strategy.