Oct 2014 Core Commentary Posted at: October 10th - 2:40 PM Monthly Option Alert Alert Message Buckle up folks. The markets have been very volatile over the past few weeks. The Trader’s Almanac has Monday as a high percentage up day with27 of the past 33 Oct Mondays as winners. Friday next week not so well down 8 of last 10. We are extremely oversold here and due for a snap-back rally. I expect shorts to be closing positions into the closing bell. Our game plan is simple, do what we do best and get to the Call side just prior to the close. Please do not shoot for the moon, stay in the 30-50% gain range and all should be well. No initial stop losses and set those limit orders as good till canceled at your desired percentage gains as soon as you own the options. If you have not read the pre-trade analysis here is the link. Good luck everyone! https://options-intelligence.com/2014/10/10/october-2014-core-strategy-pre-trade-analysis/ Dave 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.