November 2018 Core Commentary

Alright, let’s kick off an amazing November trading cycle. I have a few things first, welcome to all our new members and a heartfelt welcome to all of our military Veterans. I spent 20 years in the USCG and I know the sacrifices these men and women make for our great country. Since we have so many new members the basics of our trading style are in order. First if you haven’t done so already, read the November pre-trade analysis https://options-intelligence.com/blog/ here you will find our typical Core trades, many have been with us a long time, you will see how they have performed in the previous months of November. Second, which you probably did first, is read this Commentary, and last read the actual plays that come out by 3:30pm ET. Being armed with the pre-trade analysis make a decision on which if not all the options you want to purchase in the final 10 minutes of trading today. Once you have completed for the day go back into your trades and set a GTC (good till canceled) limit order in the 25-40% range. Now you are all set and ready to profit.

The market has been very difficult over the past few months and now we are entering the very best time of the year seasonally. Many “talking heads” are very negative right now and we should be able to take advantage of their negativity. In the unlikely event this market begins to selloff before 3:45pm ET I will send out an immediate alert to not buy these trades and update everyone at 9am ET Monday. I don't expect that to happen but I want to be prudent. Good luck to all.