Exit Monday's Core Plays Posted at: December 16th - 10:22 AM Monthly Option Alert Alert Message Even though I anticipate a turnaround after the Fed announcement tomorrow the options will most likely not recover. If you are still in I suggest exiting. 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.