Posts Tagged ‘strangle option trades’

Is Bank of America (BAC) a Buy?

12:25pm (EST) After a lower open, the market is trying to recover and is mixed as we head into the second half of trading.  Tech has been weak but the Financial stocks have shown some strength following Friday’s pounding.  Earnings are winding down and this week Wall Street will focusRead more

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Bears Looking For Early Jump

8:15am (EST) The “sell in May and go away” theory has been tested this month but the bulls are doing their best to keep the losses to a minimum.  Commodities were a major eyesore for the market as they continued to sell-off but there are pockets of strength that isRead more

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Bears May Have Final Say

1:30pm (EST) The market has been trending lower for much of today’s session as the bears try to even things up going into the weekend.  We’ve had a busy day and here is how we look going into the second half of trading.  The Dow started the week at 12,638Read more

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Bulls Looking for Weekly Win

9:00am (EST) The bears were going into Thursday’s session with a slight lead for the week on the Dow but the bulls had a grip on the S&P and Nasdaq.  Afterwards, they had a firm hold on all three major indexes.  The Dow hit a low of 12,537 yesterday before finishing with a gain ofRead more

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Bears Push Support, Bulls Battle Back

1:05pm (EST) The bears got an early jump at the open and tested support but the bulls have managed to hold and are pushing back.  We mentioned Cisco System’s (CSCO, $16.95, down $0.84) earnings this morning but Tech has held up well despite Cisco’s 5% drop.  Economic news has beenRead more

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Cisco Beats, Shares Pop Then Drop

8:45am (EST) The bears bounced back on Wednesday as they got an early jump at the start of trading and kept the bulls under water all session.  There were two main factors (and maybe a third) driving the market lower and they were a higher dollar and lower commodity prices. Read more

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Rovi (ROVI) Surges on Earnings

12:10pm (EST) The market is trading lower as the bulls take a little breather following 3-straight sessions of gains.  The bears have made a little push back to support which was prior resistance as both sides battle over key technical levels.  Economic news has been light today but there haveRead more

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Wednesday’s Wakeup Call

9:00am (EST) The bulls continued their charge towards resistance following last week’s drubbing by the bears.  The market got a good jump out of the gate on Tuesday after better-than-expected economic news and M&A excitement but stayed in a tight range until late in the afternoon.  The final hour of tradingRead more

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Fossil (FOSL) Surges on Earnings Beat

12:25pm (EST) The bulls are trying to push their winning streak to 3-straight sessions as they have the lead heading into the second half of trading.  The market got some better-than-expected economic news and earnings have also been positive which has kept the bears at arm’s length. After a slowRead more

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Microsoft (MSFT) Buys Skype, eBay (EBAY) Up

9:00am (EST) The bulls passed a key test on Friday and Monday as they got wins on both days following yesterday’s pop.  The market was flat for much of the morning session although commodities were rebounding following last week’s selloff.  Oil, gold and silver all traded higher despite an earlyRead 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.