May 2020 Commentary Posted at: May 8th - 2:35 PM Monthly Option Alert Alert Message Welcome everyone. Many new folks with us for the first time today and we are happy to have you. The markets finds themselves roughly half-way back from the steep decline in March waiting for a spark to move back to new highs. This virus was very deadly and it has wiped out some businesses but the recovery will be so swift we will be setting new highs in my opinion, by the end of this year. May is a very good month for our service, you can find the details in the pre-trade analysis. Yesterday the AAII index came out and 57% of traders were bearish, a 7 year high percentage for bears. The AAII number leaves our week with ample tinder to rip to the upside. I’m putting out trades at 3:30pm et today to be bought in the final 5 minutes of trading today. Please be mindful of our target profit range and set limit orders accordingly. This should be a good cycle and a great way to begin with our service. I really would like to do away with this separate Commentary and just send the Commentary and plays out at 3:30pm et every 2nd Friday of the month, what are your thoughts? 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.