October 2013 Core Commentary Posted at: October 11th - 2:59 PM Monthly Option Alert Alert Message Welcome everyone. Markets have been in high gear for the past two days and charts are looking more positive. According to the Trader’s Almanac the DOW has been up 26 out of 32 times on Monday. Options-Intelligence winning history has 90 out of 107 winners for Oct. So, overall looks to be setting up very well. We have IBM that reports earnings on Wednesday, GOOG on Thursday as well as GS and LVS. Please review the trading history for each individual play you will be playing to get a sense of where to set your limit orders. As always I recommend 25-50%. We will be sending the plays on email at 3:30pm et for a buy as close to the close as possible. Good luck. 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.