Market Commentary Update

Posted at: December 12th - 9:51 AM

Weekly Option Alert

Alert Message

We played three plays, NFLX, AMZN, and TSLA all are close except NFLX with respectable gains. The long range  Jan AAPL570 calls are still in play and holding well. Overall we may have more correction to come until next week. We have many things coming next week to move this market and the best of all scenarios for our Core Plays. I do not expect any Special Plays till next week at best.

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

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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.

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