July 2022 Core Trades

Posted at: July 8th - 3:28 PM

Monthly Option Alert

Alert Message

Welcome everyone. This past week the markets have had a good run. Next week we start to get earning from the financials and on Wednesday the all-important CPI report comes out before the open. I hope everyone has had a chance to read the pre-trade analysis, July is typically very strong for us. I personally do not see the markets breaking out by any means, after earnings the market will continue to drift lower. So, we are in a brief window where we should do well. Remember to always set reasonable limit orders in the 30-50% range and check out our awesome quarterly Bundle sale through the end of the month.

 

Options should be bought in the final 10 minutes of trading.

 

AAPL – I suggest the AAPL 147 Calls at market, AAPL220708C147

AMZN – I suggest the AMZN 116 Calla at market, AMZN220708C116

AVGO – I suggest the AVGO 500 Calls at market, AVGO220708C500

DIA – I suggest the DIA 315 Calls at market, DIA220708C315

GOOG – I suggest the GOOG 2420 at market, GOOG220818C2420. Very expensive due to split on 8/19, had to get out of the money calls

QQQ – I suggest the QQQ 296 Calls at market, QQQ220708C296

SPY – I suggest the SPY 390 Calls at market, SPY220708C390


Limits & Stops

SELF DIRECTED TRADERS: Monthly Option alerts should be traded with NO stop loss targeting 30% - 50% returns.

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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.

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