August 2020 Core Plays Posted at: August 14th - 3:28 PM Monthly Option Alert Alert Message I would like to welcome everyone. Auto Trade should use the strike prices listed, all other customers choose the closest strike price when you place your orders. Make sure you are buying the monthly options that expire next Friday. Orders are not to be placed until 3:50pm et today. August is typically a good month for the monthly option cycle, I hope you all have read this month’s pre-trade analysis. This month the horses are lined up at the gate (previous market highs) all waiting for that spark. I have been watching the transports closely as they are approaching their respective market high as well. Once the Dow and Transports push through you will be hearing how bullish it is to have both at all-time highs confirming the DOW theory. It all promises to be exciting. Please remember to book profit along the way in the 35-50% range. AAPL - I suggest entering the AAPL 455 Calls, AAPL200821C455 AMZN – I suggest entering the AMZN 3130 Calls, AMZN200821C3130 AVGO – I suggest entering the AVGO 327.5 Calls, AVGO200821C327.5 DIA – I suggest entering the DIA 279 Calls, DIA200821C279 IBM – I suggest entering the IBM 125 Calls, IBM200821C125 GOOG- I suggest the GOOG 1510 Calls, GOOG200821C1510 QQQ – I suggest entering the QQQ 272 Calls, QQQ200821C272 WYNN – I suggest entering the WYNN 85 Calls, WYNN200821C85 Unless otherwise directed WEEKLY trades use a 30% LIMIT & 50% STOP LOSS. 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.