Update March 2014 Core Posted at: March 18th - 8:49 AM Monthly Option Alert Alert Message First and foremost I take full responsibility for this month. I flew against the grain of the Core strategy based on the charts. When one takes risks he is not always correct. It does prove the biggest fact, the Core as designed for Calls works. Why does it work? It just does, regardless of many other factors. Today we have to hit the sell button, backup, regroup and get things back on track for next month. According to the charts I still believe by the time the Fed meeting is over tomorrow this market will turn lower but many of our option choices will most likely not recover enough to make us whole this month. 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.