11:30pm (EST)
1. Market Summary
2. Star Scientific (STSI) – Safe Tobacco Catching On
3. Earnings
4. Weekly Wrap Portfolio Update
5. Week Ahead
(To view the charts, please log into the Members Area and go to the Weekly Wrap Premium section. We have a ton of charts to go over so please look at them to get the clues on where this market is headed.)
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If you are not a subscriber but would like to read more please click here. We are one of the fastest growing stock options trading advisors on the internet and offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter. Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis. Together, we are 126-37 for 2012 which is a 77% win rate for all of our trade recommendations.
Last week we closed out a 160% winning call option trade on Green Mountain Coffee Roasters (GMCR) and 2 Monster Beverage (MBST) put option trades that returned 113% and 55%, respectively.
Here are some more winners so far this year: +576% on GMCR,+475% on AXP, +292% on COF, +171% on FSLR, +131% and +114% on 2 MGM trades, +200% on SGMS, +107% on AFL, +100% on STX, +82% on TSM and +125% on MSFT just to name a few.
Our average trade recommendation usually last 3 weeks or less and we have closed some trades in as little as 24 hours. We target triple-digit returns for all of our option picks for the Daily and double-digit returns for the Weekly Wrap. We are excited about the back half of the year and a possible break out of the recent trading range.
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