May 2014 Core Commentary Posted at: May 9th - 2:56 PM Monthly Option Alert Alert Message What a totally stressful week of trying to find direction in this market. May is typically very successful for our Core Strategy if profits are harvested under the 50% level as spelled out in this month’s pre-trade analysis. Monday before expiration typically up 20 out of 26 times. Individual tech stock names have been crushed over the past few weeks and indexes refuse die. As bad as the charts look I am going with calls for next week. Plays will come out at 3:30pm et, please do not buy them till the final 10 minutes of trading as I may waive the plays off till Monday if we get a fierce drawdown into the close. 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.