11:30am (EST)

The bulls are looking good today as they usually do on Tuesday’s as they try to extend the Dow’s winning streak to 18-straight Tuesday wins.  The momentum over the past 4 months on this day alone has accounted for over 70% of the index’s gains.  We seriously thought about recommending a 1-day option trade to play this Tuesday trend and here is how it would have played out.

You can play the blue-chips by buying the Dow Spiders (DIA, $151.66, up $0.80) that trade in tandem with the index.  Today’s half-percent pop might not seem like much but the May 151 calls (DIA130518C00151000, $0.97, up $0.44) are up a zippy 83% on the move.  These options closed at 53 cents yesterday and opened at 53 cents.

There was a little pop in the June 151 calls (DIA130628C00151000, $2.27, up $0.38) as they are up 20% but the bigger bang for the buck was the near-term options.  These are quick ways to trade the market but it is important to note these options expire this Friday and it would be wise to just day trade these types of trades.  Another stock we want to talk about today is…(read more)

****************************

If you are not a subscriber but would like to get more, real-time trades, please click here.  We are one of the fastest growing stock options trading advisors on the internet.  We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis.

Our average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours.  We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap.  If you are not yet a subscriber, come see why jaws are dropping for those who follow Wall Street and options trading.