November 2019 Commentary

Posted at: November 8th - 2:59 PM

Monthly Option Alert

Alert Message

Welcome everyone. The markets are sitting at all-time highs with more room to run. Gold has finally broken a key support level, the volatility index is low, advancing issues are outpacing declining issue and here we are. Today we will be entering trades in the final 10 minutes of trading. I hope everyone has had a chance to read the pre-trade analysis it shows a very similar average as October. As with all months focus on exiting trades in the 30-50% level. Sorry for the short commentary running low on time today. Good luck to all.

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SELF DIRECTED TRADERS: Monthly Option alerts should be traded with NO stop loss targeting 30% - 50% returns.

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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.

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