Feb 2019 Commentary

Posted at: February 8th - 2:45 PM

Monthly Option Alert

Alert Message

Welcome everyone. Things have been quiet the past couple days, as they should have been according to seasonality. We had some China news that drove the market down in the middle of the week but it also coincided with the major averages pulling back from their 200 day moving averages. Today the markets opened lower and have recovered much of that lost ground. I believe we will have a great month with gains coming in the beginning of the week barring any bad press reports. Our plays will be out at 3:30pm et and they should be bought in the final 10 minutes of trading today.

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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.

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