Posts Tagged ‘strangle option trades’

Futures Soar on Bin Laden’s Death

9:00am (EST) We were expecting one last charge by the bulls as we closed out the month of April and the market got it.  The Dow and S&P finished the month of April at 3-year highs while the Nasdaq hit its highest level in a decade.  Not that we areRead more

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April Closing with a Bang, (NEW TRADE ALERT)

1:15pm (EST) The bulls are putting an explanation point on a strong month as they have once again pushed the major indexes to new 52-week highs.  Earnings and economic news continue to drive the headlines which have been pretty positive today. Caterpillar (CAT, $115.29, up $2.65) is trading at fresh highsRead more

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Bulls Hate Saying Goodbye to April

8:45am (EST) After a tepid start, the bulls took control of Thursday’s session to push the market to fresh 52-week highs.  The bears danced a little for much of the morning session but fell victim to a late-day rally as the bulls made in 3-in-a-row.  After a slow start to the week,Read more

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Rediff.com India (REDF) Continues Push Higher

1:45pm (EST) The market is mixed as we head into the second half of trading with the blue-chips showing strength while Tech is slipping.  Earnings continue to pour in, some good, some not so good, while economic news came in the same way.  It seems that the companies that “beat-and-raiseRead more

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Big Ben Takes the Ball Deep

8:45am (EST) Well, we have to hand it to Fed Chairman Ben Bernanke.  He threw a touchdown pass to the bulls in a historical, first-time ever press conference after the Federal Open Market Committee’s announced its decision on interest rates.    We weren’t expecting the rhetoric from the latest FOMC policyRead more

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April Ending Right on Cue

9:00am (EST) Whew! It’s been a long journey folks, but we finally made it.  We have been in a choppy, range bound market since the February highs but the action from last week and yesterday have put the major indexes to fresh 3-year highs.  These trading ranges are tough andRead more

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Ring the Bell, School’s in Session

12:15pm (EST)  After a slow start, the bulls have pushed the major averages to new 2011 highs today after another round of solid earnings and better-than-expected economic news.  3M (MMM, $95.80, up $1.68), Ford (F, $15.86, up $0.32) and United Parcel Service (UPS, $74.62, up $0.98) played music for WallRead more

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Netflix (NFLX) Beats, Shares Lower on Outlook

8:40am (EST) The market did next to nothing after our midday update yesterday as things pretty much stay where they were.  The Dow and S&P 500 finished with small losses while Tech squeaked out a tiny gain.  The sluggish trading was pretty much what we expected after a long holidayRead more

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Market Facing Key Resistance Levels

8:50am (EST) The bears were on the verge of breaking support last week as the momentum was clearly on their side.  All three major indexes started the week under pressure with the S&P 500 dipping below the 1,300 level after a downgrade of U.S. debt.  The Dow was on theRead more

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Rally Struggles After Philly Fed Steps In

12:40pm (EST) The market is up but the bulls are struggling to hold onto their gains.  Futures were pointing towards a higher open but the momentum from yesterday hit a roadblock once the Philly Fed numbers came out. The Philadelphia Fed Index fell off a cliff in April after comingRead 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.