Alerts

Posted at: November 2nd - 11:11 AM

Weekly Option Alert

Alert Message

I know everyone is anxious to trade but the market is very volatile with a Vix at 37.5, giving little opportunity for making good profits. Market technicals have gone out the window leaving only response trades. Basically what I'm saying is the risk reward is not in our favor. I am hopeful we can get back to a sense of normal by Wednesday. If a chance comes to take action I will but I do not want to force trades. We pride our service on quality plays not quantity of trades.


Limits & Stops

SELF DIRECTED TRADERS: Weekly Option alerts should be traded with 50% stop loss targeting 20% - 50% returns.

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Weekly 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 Weekly Options Guidelines for more information about how to trade our Weekly Options strategy.

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