Posts Tagged ‘strangle option trade’

Unemployment Rate Falls to 9%

9:05am (EST) Good stuff to talk about this morning… Ben Bernanke had one of his better outings on Thursday as he encouraged the bulls to push higher which helped the market bounce off its lows.  We had an iffy open as the bears tried to capture the hill and take back theRead more

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Bernanke Speaks, Market Stable

1:30pm (EST) The market is following yesterday’s pattern of trading in a tight range although the bias has been to the downside.  There is still some nervousness over Egypt as the protests have escalated and turned more violent.  This situation still bears watching and will weigh on the market asRead more

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Green Mountain (GMCR) Strangles Estimates

9:00am (EST) The market traded in a tight range on Wednesday but we pretty much had penciled in a flat day before the open after Tuesday’s big pop.  We were looking for the major indexes to hold support, which was resistance, in terms of the technical picture and that weRead more

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MomentumOptionsTrading.com Weekly Wrap for 3/28/10

7:15pm (EST)  All things considered, Friday’s close wasn’t too bad… We were hoping the bulls would post a strong showing going into the closing bell but the market settled near even after spending much of the session marching higher. Of course, Wall Street’s eyes were on Greece and there was a sense of reliefRead more

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Fannie and Freddie Under a Buck

Fannie Mae (FNM, $0.73, down $6.31) and Freddie Mac (FRE, $0.88, down $4.22) did their best Enron imitation on Monday as both stocks plunged to under a dollar. Sure, the government bailout was huge for the market but check out the true winners from yesterday. The Fannie Mae September 2.50Read more

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Potash Looks Strong Heading Into Earnings

Have you noticed the strength in Potash (POT, $182.84, up $0.94) lately? The stock is up 40 points since the beginning of the year and is rapidly approaching the $200 level. I mentioned back in January that this stock had a chance to do something special and it certainly hasn’tRead 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.