May 2015 Core Commentary Posted at: May 11th - 8:46 AM Monthly Option Alert Alert Message Welcome everyone. The market is pressing up against an all-time high that will need a spark to get over. Today is a favorable market day based on the Almanac and today is a day for a major timing signal to trigger a correction. China cut the interest rates for the third time in 5 months displaying their struggle, Greece is due to pay the IMF 750 million that it may or may not have, so what do we do? I am going to lean on the pop and drop theory. Meaning this market might pop up, set a new high, and begin to fail as it runs out of steam. I will put some plays out that should be bought at the open. Plays will be out by 9:15am et. 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.