Category Archive for ‘Option Trades’

October 4, 2013

Twitter ($TWTR) Files IPO Papers, Potbelly ($PBPB) Pops Triple-Digits/ Profit Alert (JCP)!!!

by mome2143 / Posted in Earnings, IPOs, Market Analysis, Momentum Stocks Weekly, Option Trades, Market Commentary, Trading Tips, Trade Update

1:35pm (EST) We said there was a good possibility Twitter would announce their Initial Public Offering (IPO) this week and after the bell on Thursday they made us look like we knew what we were talking about. The company hopes to raise $1 billion with the offering and could beRead more

September 19, 2013

Market Mixed After Bernanke Grand Slam/ New Trade!!!

by mome2143 / Posted in Market Analysis, Economic News, Momentum Stocks Weekly, Option Trades, Market Commentary, Money Management

12:10pm (EST) The market has traded in a tight range following yesterday’s breakout to new all-time highs as the bulls and bears regroup. Bernanke dropped a lot of jaws after he hit it out of the park for the bulls with the bases loaded. The bears had 2 outs inRead more

September 17, 2013

Market Up on Fed Watch/ New Trade!!!

by mome2143 / Posted in Earnings, Momentum Stocks Weekly, Option Trades

12:50pm (EST) The bulls are trying to push Monday’s highs ahead of the Fed’s 2-day meeting that began today. The big announcement on what the zombies will do as far as tapering will finally be answered and another pending market headline will be in the books. Much of the “smartRead more

August 27, 2013

Lower Fibonacci Levels Trigger/ Profits Alerts

by mome2143 / Posted in Daily Update, Market Analysis, Option Trades, Covered Calls, Trade Update

12:35pm (EST) We knew coming into the week there was a good chance the market could trade lower if the bulls failed at resistance and if they did we would need to protect profits. We have some nice gains going for our Daily as we cashed out the other halfRead more

August 26, 2013

Bulls Making a Push, New Trade (CRM)!!!

by mome2143 / Posted in Economic News, Momentum Stocks Weekly, Option Trades, Politics

1:30pm (EST) The bulls had a number of headwinds facing them ahead of the open this morning but have brushed aside geopolitical tensions and some terrible economic news to push the market higher as we head into the second half of trading. Durable Goods were released an hour before theRead more

August 23, 2013

Bulls on Track for Weekly Win

by mome2143 / Posted in Daily Update, Market Analysis, Option Trades, Market Commentary, strangle option trades

1:05pm (EST) Believe it or not, the bulls are up for the week if current levels hold with the Dow being the weakest link. We have seen the 50-day MA’s (moving averages) come into play and while the action is still being played out, we have warned not to goRead more

August 19, 2013

Another Lower Monday/ New Trade!!!

by mome2143 / Posted in Market Analysis, Economic News, Momentum Stocks Weekly, Option Trades, Market Commentary

1:05pm (EST) The bulls are trying to recover from last week’s losses but have struggled gaining ground as we head into the second half of trading. The bears are working on a couple of important streaks and although the session is mixed and volume is low, they could be aRead more

August 16, 2013

Market Slide Continues/ Special Weekly Wrap Offer

by mome2143 / Posted in Momentum Stocks Weekly, Option Trades, Rick's Account, Weekly Wrap RR, Trading Tips, Money Management, Trade Update

1:10pm (EST) The bears are leading the way as we head into the second half of trading and wrap up what has been another good week. The bulls have seen some green today but look exhausted after trying to hold support. They can’t quit just yet as the fear ofRead more

August 14, 2013

Cree (CREE) Crumbles After Lowering Outlook/ New Trade (QQQ)

by mome2143 / Posted in Earnings, Momentum Stocks Weekly, Option Trades, Trading Psychology

12:45pm (EST) Cree (CREE, $61.85, down $13.91) shares are down 18% and have dipped below $60 to $59.87 today after lowering guidance. The company reported earnings after the close on Tuesday that matched Wall Street’s estimates for the most part but lowered current quarter guidance. Earnings per share came inRead more

June 7, 2013

“Perfect” Nonfarm Payrolls Pleases Wall Street

by mome2143 / Posted in Daily Update, Market Analysis, Economic News, Option Trades

12:15pm (EST) Futures were flat as a pancake when we were doing our late night homework while watching the overseas markets open for trading. Of course, we tossed and turned and caught a quick nap as we prepared for this morning’s Nonfarm Payrolls report. With so much talk of FedRead more

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.