November 2020 Update Posted at: November 16th - 8:53 AM Monthly Option Alert Alert Message Good news on the Corona virus vaccine front is giving markets around the world a boost this morning. Last night futures across the board were very strong with the Q's being up over $3 at one point, this morning they are flat. This week election results are going to be challenged giving more uncertainty. Last Monday we saw the markets spike higher on vaccine news that quickly evaporated. What does this all mean for us? Friday we bought into the Q's since it reflects 98 percent of our choices at a elevated price of $4. I believe we hold what we have with modest 25-40% gain expectations. I will continue to monitor during the day and if there are new plays they will be announced at 3:30pm et today. 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.