Commentary Update 12/16/2019 Posted at: December 16th - 8:53 AM Monthly Option Alert Alert Message Markets continue moving higher this morning even with Boeing pulling back pretty strongly. This is the last week before we head into the Santa Clause rally. The Santa Clause rally is described as the last 5 trading days of the year and the first two of the next year where the markets will typically rally. This year option expiration week runs head into that stretch. I believe we will get a slight pullback this week and so I have decided to not put any call plays on the table this month. We will continue with our weekly trades if they pop up. 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.