Category Archive for ‘strangle option trades’

March 25, 2014

Sonic (SONC) Soars 11%, Options Zoom 200%/ VIX Below 15

by mome2143 / Posted in Daily Update, Earnings, Strategies, strangle option trades

2:05pm (EST) Shares of Sonic (SONC, $23.21, up $2.29) are surging to fresh 52-week peaks following another decent earnings report. The company reported their numbers after Monday’s close and beat estimates by a penny, or, the 6 cents analysts had expected. However, Q2 revenues came in over $1 million lightRead more

February 21, 2014

Groupon (GRPN) Beats but Lowers Guidance/ Profit Alert (HRB)!!!

by mome2143 / Posted in Earnings, Strategies, Momentum Stocks Weekly, strangle option trades, Trading Psychology, Trade Update

1:30pm (EST) Shares of Groupon (GRPN, $8.23, down $2.05) are down 20% today following the company’s earnings announcement after Thursday’s close. Groupon reported 4Q earnings of $0.04 a share on revenue of $768 million. The suit-and-ties were looking for 2 pennies a share on sales of $718 million. We hadRead more

February 19, 2014

Garmin (GRMN) Surges to New Highs

by mome2143 / Posted in Daily Update, Strategies, strangle option trades

1:25pm (EST) We mentioned there were nearly 50 charts we looked at and dissected for possible earnings trades this week and we were able to navigate the list down to 25 by Monday’s open. We did extended chart work on nearly a dozen stocks and one of the ones weRead more

February 14, 2014

Momentum Options Midday Update for 2/14/2014

by mome2143 / Posted in Daily Update, Strategies, strangle option trades

Bulls Pushing Green Ahead of 3-Day Weekend/ Special Promotion 1:55pm (EST) We mentioned we would cover strangle option trades in more detail today as we have profiled a number of high double and triple-digit winners over the past several weeks. The Earnings Section in our Weekly Wrap profiles a bevy ofRead more

November 20, 2013

Twitter Pushing $40/ New Trade!!!

by mome2143 / Posted in IPOs, Momentum Stocks Weekly, strangle option trades

1:20pm (EST) Shares of Twitter (TWTR, $40.75, down $1) have only been trading for 10 days and are pushing $40 following an IPO pop to $50 on its first day of trading. It is too early to use technical analysis when trying to figure out where shares could be headedRead 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

February 14, 2013

Sketchers (SKX) Surges 11%

by Rick Rouse / Posted in Market Analysis, Strategies, strangle option trades, Daily Update

1:15pm (EST) Sketchers USA (SKX, $21.81, up $2.24) shares are approaching their 52-week high of $22.37 as they have traded up to $22.15 today. We have played this name in the past and shares always seem to make a huge move after they report earnings so keep this in mindRead more

February 13, 2013

Dow and S&P Hit 5-Year Highs

by Rick Rouse / Posted in Daily Update, Strategies, Option Trades, strangle option trades

9:00am (EST) The bulls took another step at setting new 52-week highs on Tuesday and did a good job of holding their gains considering the headwinds before the bell. North Korea will remain a dark cloud over the market for 2013 (and beyond, as well as other nations) and weRead more

September 28, 2012

RIMM Surprises, Bears Push Second Wave

by Rick Rouse / Posted in strangle option trades, Daily Update, Earnings, Market Analysis, Market Commentary

1:00pm (EST) The bears are pushing the second wave of support as we head into the second half of trading, the weekend, and October. Futures were flat before the European markets opened and got progressively worse before the opening bell here at home. Earnings and economic news are in focusRead more

August 8, 2012

First Solar (FSLR) Strangle Option Trade Update

by Rick Rouse / Posted in strangle option trades, Daily Update, Strategies

12:20pm (EST) Shares of First Solar (FSLR, $20.91, up $0.31) cleared $20 yesterday and have traded up to $21.69 today. The stock is off its highs but the strangle trade we profiled in our Weekly Wrap on Sunday and in the Daily Tuesday morning for First Solar hit our targetsRead more

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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.