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Trade Updates, Dendreon (DNDN) Added

Monday's Mid-Day Update

1:00pm (EST) The market has traded in the negative all morning following the continued turmoil in the Chinese market.  Futures were weak all morning after the Shanghai Composite plunged nearly 7%, as investors dealt with liquidity concerns and an anticipated slowdown in lending. China has suggested they would cut back on bankRead more

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Disney Buying Marvel

9:15am (EST) The Walt Disney Company (DIS, $26.84) has agreed to acquire Marvel Entertainment (MVL, $38.65)  in a stock and cash deal that will provide significant opportunities for Disney over the long run. Under the terms of the deal and based Disney’s closing price as of Friday, Marvel stockholders will receiveRead more

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Dendreon

11:30pm (EST) This is the last FREE option trade before we launch our paid service… It has been a while since I have mentioned Dendreon (DNDN, $23.78, down $0.74) here in the Blog but it is STILL a stock I watch daily.  Many of you have been following me when theRead more

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Trade Updates – Wednesday, September 30, 2009

September 2009 | Members 9am (EST) Current Trades Nike (NKE, $60.09, up $1.09) October 60 calls (NKEJL, $2.00, up $0.40) Entry Price: $1.65 (9/29/09)  Exit Target: $3.00-$4.00+ Return: 21% Stop:  There was no stop for this trade but place one at $2.75 (see notes) Action:  So far, Nike has not let us down. Read more

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Trade Updates – Tuesday, September 29, 2009

September 2009 | Members   12:30pm (EST) New Trade!!! Nike (NKE, $59.50, up $0.50) will report earnings after the bell today and there is heavy volume in the option pits.  The company is expected to report earnings of $0.97 a share, or 6 cents below what the company earned duringRead more

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Trade Updates – Monday, September 28, 2009

September 2009 | Members NEW TRADE!!! 11:00pm (EST) United States Steel (X, $46.00, down $0.63) has come down from its recent high of $51.65 and has not participated in today’s rally.  There are conflicting reports on just how strong demand is for steel but August showed steel output actually increased.Read more

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Trade Updates – Sunday, September 27, 2009

September 2009 | Members Time stamp (EST) ]]>

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Trade Updates – Saturday, September 26, 2009

September 2009 | Members Time stamp (EST) ]]>

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Trade Updates – Friday, September 25, 2009

September 2009 | Members 9:00am (EST) ChangeYou (CYOU, $38.30, down $1.54)  October 42 calls (CQUJP, $0.70, up $0.45) Entry Price: $0.85 (9/21/09)  Exit Target: CLOSED (closed half @ $1.30 on 9/23, closed other half @ $0.70 on 9/24) Return: 18% Stop: $0.70 Action:  This is the difference between 50% and 18%.  The call optionsRead more

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CFTC Disclosure:

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.