June 2016 Update Posted at: June 13th - 8:16 AM Monthly Option Alert Alert Message Things did not work out as planned Friday but I am content the way things are turning out. Markets appear to be opening to the downside giving us a chance to get into the Call side of an oversold market. I suggest buying in the first 5 minutes this morning and I do apologize for Friday's confusion. 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.