June 2013 Commentary Posted at: June 14th - 2:19 PM Monthly Option Alert Alert Message I would like to welcome all the new folks this month. Jun is typically a good month for our service with an 85% winning history. This month we face some real headwinds. Last night they approved a no fly zone over Syria (more troops), Japan is in bear market territory dropping fiercely in the past month, G8 summit meeting on Tue, oil reached a 4 month high today, and we have the Fed Chairman on deck for Tuesday and Wednesday. I have examined all of our normal choice charts and can see no inkling of a move upward unless there is a massive rally in the final few minutes today. Futures and the VIX are were improving late in the day and since turned south so there is a chance we could go either way on the trades depending on market conditions. Please do not buy any choices until at least 3:50pm Et in case I have to change scenarios. Either way please start with half a position size and we can add as necessary on 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.