MomentumOptions.com Mid-Market Update for 11/10/2017

Trade Alert (LLNW)

2:10pm (EST)

I have a quick update on LLNW today. I’m still looking for New Trades but I wanted to get this important update out as our LLNW trade is now up over 400%.

If you don’t hear from me again, have a great and safe weekend!

 

Momentum Options Play List

Closed Momentum Options Trades for 2017: 50-21 (70%). All trades are dated and time stamped for verification. New subscribers can look at the past history to see how the trades have played out or to research our Track Records.

Do not risk more than 5% of your trading account on any one trade but do try to take all of the trades. Please remember, all “Exit Targets” and “Stop Targets” are targets. You should not have any “Hard Stops” entered to close any trades or “Exit Orders” in your brokerage account unless I list one. I will send out a “Profit Alert” or “New Trade” if I want you to close a position or if a new trade comes out. Otherwise, follow instructions at all times in the ‪8am‬ and ‪12pm–2pm (EST)‬ updates. Also, I will usually give you a heads-up if I think I’m going to send a Trade Alert outside of these time frames.

 

TiVo (TIVO, $17.15, down $0.15)

January 20 calls (TIVO180119C00020000, $0.30, down $0.05)

Entry Price: $0.60 (10/31/2017)
Exit Target: $1.20
Return: -42%
Stop Target: None

Action: Support is at $17.25-$17. Resistance is at $17.50.

 

Limelight Networks (LLNW, $5.91, up $0.25)

LLNW ‪December 4‬ calls (LLNW171215C00004000, $1.90, up $0.30)

Entry Price: $0.37 (9/21/2017)
Exit Target: $2.00, raise to $2.50 (Limit Order on half at $2)
Return: 406%
Stop Target: $1.45 (Stop Limit)

Action: Raise the Limit Order from $2 to $2.50 on half the trade.

Upper resistance at $5.75-$6 is in play. Rising support is at $5.60-$5.50.

 

TherapeuticsMD (TXMD, $5.61, flat)

TXMD December 7.50 calls (TXMD171215C00007500, $0.20, flat)

Entry Price: $0.95 (8/17/2017)
Exit Target: $1.90
Return: -78%
Stop Target: None

Action: Support is at $5.25. Resistance is at $5.75.