December 2019 Commentary Posted at: December 13th - 3:10 PM Monthly Option Alert Alert Message Welcome everyone, Merry Christmas to all and we wish you a happy and healthy New Year. This past week the markets were captivated by many news events causing large swings in many stocks. We currently are in an overbought condition which may need a little working off. December seasonally tends to be weaker in the first half of December, I believe, like the past few months Monday’s the market may dip on Monday giving us a lower entry point. Everyone will have time to digest and spin the trade deal and impeachment news. So at 3:30pm ET I would suggest buying NO positions and I will update this Commentary before 9am et Monday. 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.