Market Commentary

Posted at: December 10th - 9:38 AM

Weekly Option Alert

Alert Message

Markets are QE tapering jittery for the next week (Till next Wednesday). Options are getting chopped up, not good for us. Core week starts this Friday and the awaited Santa Clause Rally will follow the Fed meeting. AAPL begins China Mobile sales within the next week and this will give analysts fuel to upgrade the stock. Hang in there if I find an opportunity I will let you know. Patience is the key to our success.

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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