Dear Investor –
We just closed our 9th winning trade for 2019 as we have pushed our Track Record to a smooth 9-2 for the first 2 months of the year. We also have 9 open trades with a current AT&T call option position that has zoomed 145% in just 2 weeks. We also “piggy-backed” the trade with “cheap” options stretching out into April that we would also like to see make a triple-digits over the next 4-6 weeks.
The first T trade was recommended atwas at 55 cents and they are currently at $1.45. This means a 10 contracts trade would have cost $550 and would be worth $1,450 in 14 days. One contract would have cost just $55 and would be worth $145. The second T trade was recommended at 33 cents and we have an aggressive $1 Exit Target. This would represent a 200% return, if achieved.
We also have a bullish trade in VIAV call options as shares have soared past $13 after setting fresh 52-week peaks throughout last week. The long-term June call options we recommended to our subscribers are up +100% as we closed out half the position last Tuesday.
The other half of the trade is still in play but we have a tight Stop Limit in place to ensure we lock-in at least an 90% return going forward. We have said since early last year VIAV is a $15 stock at some point in 2019.
We have already closed out 2 other triple digit winners to start 2019 – a massive +150% return in NBEV along with a sweet +126% winner on AMD.
We recently locked-in a 43% winner on Boston Scientific (BSX) and our new trades in BSX go out into April as we piggy-backed the position following last Friday’s surge to a fresh 52-week peak.
In 2018, we traded call options on Boston Scientific (BSX) 10 times while going 9-1. Our one loss was for 67%. With gains of 225%, +64%, +56%, +43% and other double and single-digit winners, this was easily offset. We would like to be at 3-0 with BSX this year on continued strength.
Other current trades are showing momentum and we just released 4 new trades on Friday with maybe a few more coming today! If you don’t trade options, you can easily trade the stocks we are following as you learn the ropes.
Click HERE to see all of our closed trades from 2019 and past years.
Signup TODAY to get our next batch of winning trades!
We have gotten off to a quick 9-2 start for the year (82% win rate!) and we seriosuly doubt any other option newsletters have outperformed our track record over the past 11 years.
DO NOT be worried of a market pullback or selloff, if the 2019 rally fades at some point, as you can make just as much money when the market is sinking as you can when it is going higher. See our put option returns below…
Here is a look at our top 2018 winners with our win rate at 72%:
+342% American Airlines (AAL) put options
+225% Boston Scientific (BSX) call options
+243% CVS (CVS) call options
+195% Sony (SNE) call options
+132 Marvell Technology (MRVL) put options
+78% Viavi Systems (VIAV) calls
+70% CVS (CVS) call options
+67% Flex (FLEX) call options
+48% Intel (INTC) call options
+46% Progenics Pharmaceuticals (PGNX) calls
+45% Oracle (ORCL) call options
+43% Boston Scientific (BSX) call options
+33% Viavi Systems (VIAV)
We have been offering a 50% discount to all memberships and it has been a huge success. Your membership also includes live text alerts DURING MARKET HOURS. This includes any New Trades, Profit Alerts, or Trade Alerts and is worth the membership price alone. Think about it, you always have us watching the market and giving you the current outlook, bullish or bearish, along with live trade alerts – at no extra charge.
For a limited time, we have included the SAVE50 discount code for all memberships with links provided. These subscriptions are also non-reoccurring:
2 years – $1,248.50 (regular price $2,497)
SAVE50 – $1,248.50 ($52/ monthly average)
Special Bonus: if you order the 2-year subscription, we will also send you the Momentum Options Trading Manual.
1 year – $748.50 (regular price $1,497)
SAVE50 – $748.50 ($62/ monthly average)
6 month – $489.50 (regular price $997)
SAVE50 – $498.50 ($83/ monthly average)
3 month – $298.50 (regular price $599)
SAVE50 – $298.50 ($99/ monthly average)
Once you get to the signup page, simply enter the SAVE50 code as a discount to get the 50% savings!
If you haven’t heard of us, we have become the premier website in finding explosive option trades for gains of 100%, 200%, 400%, 600%, and even 1,000% jaw-dropping returns.
We have a 70% win rate for over 1,000 option trades and we have included some highlights. Our top winning recommendations in 2017 were mind-boggling to say the least:
+378% Intel (INTC) call options
+359% Limelight Networks (LLNW) call options
+309% 3D Systems (DDD) put options
+240% Viava Systems (VIAV) call options
+200% Imax (IMAX) put options
+200% Alcoa (AA) call options
+200% Cisco Systems (CSCO) call options
+123% Chemours (CC) put options
+120% Amicus Therapeutics (FOLD) call options
+100% Tower Semiconductor (TSEM call options
+100% Green Dot (GDOT) call options
+88% Flex (FLEX) call options
+87% Bank of America call options
+83% Bank of America call options
+79% Imax (IMAX) put options
+78% Viava Systems (VIAV) call options
+78% Flex (FLEX) call options
+75% Viava Systems (VIAV) call options
Please have included Wednesday’s market commentary and be sure to sign up afterwards to get our latest trade recommendations. We want you in by the open to get into our next batch of triple-digit winners. We have also included a sneak peak into our Members Area so you can see how our trade setups work!
MomentumOptions.com Pre-Market Update for 2/27/2019
Bulls Hold Near-Term Support Levels
The market opened in negative territory as Wall Street awaited the semi-annual testimony from Fed Chair Powell and his comments before the Senate Banking committee. There was little reaction from the market as the major indexes got a lift ahead of the event on a super Consumer Confidence number.
The choppy action afterwards lasted into the closing bell with the market giving back its gains to finish slightly lower. Despite the pullback, the consolidation phase following the Monday morning breakout is looking bullish for higher highs as near-term support levels held.
The Russell 2000 was the weakest link after falling 0.7% while closing at its session low of 1,577. Fresh and upper support at 1,575-1,565 held on the close back below the 200-day moving average.
The Nasdaq was down 0.1% after testing an opening low of 7,524. Upper support at 7,525-7,475 was breached and failed to hold with a close below the latter and the 200-day moving average signaling additional weakness.
The Dow dipped 0.1% following morning pullback to 25,966. Fresh and upper support at 26,000-25,750 held with a close below the latter being a slightly bearish signal.
The S&P 500 also slipped 0.1% after testing to a low of 2,789. Current and upper support at 2,775-2,750 with a close below the latter and the 200-day moving average signaling a possible near-term top.
Technology led sector strength after adding 0.2%. Consumer Discretionary and Consumer Staples were up 0.1% to round out the winners.
Materials paced sector weakness after declining 0.6%. Healthcare dropped 0.4% while Energy and the Financial were lower by 0.3%.
In economic news, Consumer Confidence zoomed to 131.4 in February after falling to 121.7 in January, and topping expectations for a print of 125. The present situations component was at 173.5, up from 170.2. The expectations index improved to 103.4 from 89.4. The labor market differential rose to 34.3 from 34.1 and the 12-month inflation gauge slipped to 4.3% from 4.4%.
Richmond Fed’s manufacturing index checked in at 16 in February, better-than-expectations for a reading of 3. Employment was 15 from 19, with wages at 29 from 31.
Fed Chairman Jerome Powell said in his written testimony that the outlook for current conditions remains “healthy” and “favorable,” though acknowledged that over the last few months there have been “crosscurrents and conflicting signals.”
The report cited that the financial markets became more volatile toward year-end, and financial conditions are now less supportive of growth than they were earlier last year, while growth has slowed in some major foreign economies, particularly China and Europe. These factors warranted a “patient” approach with the report also reiterating the readiness to adjust the balance sheet if necessary.
Powell said he’s seeing more slack in the labor market this year, as a result of more people coming back into the labor market. He added if they weren’t coming back into the market, the unemployment rate would be “substantially lower.”
As far as the debt ceiling, Powell said the failure to increase it creates uncertainty and distractions as analysts get to the point where they think the government can’t pay its bills. So far that’s never happened, and he doesn’t want to really contemplate that event. He closed the subject by saying it would be a “very big deal” were the government to not pay its bills.
The S&P 500 Volatility Index ($VIX) bubbled up to 15.28 shortly after the opening bell with fresh and lower resistance at 15-15.50 getting breached for the 2nd-straight session and failing to hold. A move above the latter opens up risk towards 16-16.50 and the 200-day moving average.
Support remains at 13.50-12.50.
The Spiders Dow Jones Industrial Average ETF (DIA) traded to a low of $259.60 shortly after the open with rising support at $259.50-$259 holding. Backup help is at $258-$257.50 with a move below the latter being a slightly bearish signal.
Late September resistance is at $261.50-$262. Continued closes above the latter gets $262.50-$265 back in focus.
RSI has been hovering around the 70 level with near-term resistance at 75-80 and the latter representing the September peak. Support is at 65. A move below this level would signal additional weakness towards 60-55.
There are a couple of New Trades I like, so stay locked-and-loaded in the afternoon in case I take action. I want to see how the first action pans out before possibly opening fresh positions.