August 2018 Core Commentary

Posted at: August 10th - 2:57 PM

Monthly Option Alert

Alert Message

Welcome everyone. Markets are taking a breather today and dropping some 200 points all over the Turkish Lira dropping. This could be solved by returning our citizens that have been held now for nearly two years. Our country is doing great, jobs are plentiful, people and businesses are spending money and earnings are coming in ahead of expectations. August is generally a good month for our service as laid out in the posted Pre-Trade analysis which I hope all have had a chance to review. We will be coming out with 8 call plays at 3:30pm et, please do not purchase until the final 10 minutes of trading. Once you own the options set sell limit orders in the 30-50% range which is our target profit zone for this strategy. There is no stop loss orders set, if conditions warrant we will issues an alert to exit. I hope everyone has a great weekend and makes some money.

Limits & Stops

SELF DIRECTED TRADERS: Monthly Option alerts should be traded with NO stop loss targeting 30% - 50% returns.

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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.


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