Watching the Utilities

MomentumOptions.com Mid-Market Update for 9/19/2017

Watching the Utilities

12:30pm (EST)

Momentum Options Play List

Closed Momentum Options Trades for 2017: 46-19 (71%). 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.

Cisco Systems (CSCO, $32.56, up $0.04)

CSCO October 32 calls (CSCO171020C00032000, $0.75, flat)

Entry Price: $0.50 (9/13/2017)
Exit Target: $1.00
Return: 50%
Stop Target: 58 cents (Stop Limit)

Action: Fresh resistance is at $32.75-$33. Support is trying to move up to $32.50-$32.25.

Cypress Semiconductor (CY, $14.61, up $0.07)

CY October 14 calls (CY171020C00014000, $0.90, flat)

Entry Price: $0.60 (9/1/2017)
Exit Target: $1.20
Return: 50%
Stop Target: 75 cents (Stop Limit)

Action: Resistance is at $14.75-$15. Support is at $14.50-$14.25.

TherapeuticsMD (TXMD, $6.48, down $0.17)

TXMD December 7.50 calls (TXMD171215C00007500, $0.80, flat)

Entry Price: $0.95 (8/17/2017)
Exit Target: $1.90
Return: -18%
Stop Target: None

Action: Support is at $6.25. Resistance is at $6.75.

Intel (INTC, $37.19, up $0.19)

INTC October 37 calls (INTC171020C00037000, $0.75, up $0.05)

Entry Price: $0.53 (8/15/2017)
Exit Target: $1.10
Return: 44%
Stop Target: 55 cents (Stop Limit)

Action: Fresh resistance is at $37.50-$37.75. Rising support is at $37-$36.75?

TiVo (TIVO, $19.02, down $0.62)

TIVO October 20 calls (TIVO171020C00020000, $0.50, down $0.15)

Entry Price: $0.70 (8/8/2017)
Exit Target: $1.40
Return: 0%
Stop Target: None

Action: Support is at $19-$18.75. Resistance is at $19.50.

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GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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