Posts Tagged ‘strangle option trades’

Bulls Once Again at February Highs

9:00am (EST) It has been a wild and volatile shortened week for the market with today’s action leaving us on the brink of watching a good movie end.  Things started off scary on Monday after the major averages got slammed by the bears on an S&P downgrade of U.S. debt.  On Tuesday,Read more

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Tech Leads Bulls Charge

2:00pm (EST) It’s 420 and the bulls are smoking… The market has been on a blaze this morning after opening higher and holding its gains.  Tech has been the clear winner today and is up nearly 2% while the Dow and S&P are showing 1% pops.  All three indexes areRead more

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Bulls Looking to Breakout

8:50am (EST) The bulls recovered from Monday’s haymaker and rebounded to push the market higher on Tuesday.  Believe it or not, there were a couple of decent housing reports released before the bell which helped futures firm up and led to a solid open.  The bulls cruised until halftime whichRead more

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Earnings Take Center Stage Once Again

12:45pm (EST) The bulls have held ground for much of the day but appear to be getting weaker as we head into the afternoon session. The Dow is up 25 points to 12,226 after hitting an intraday high of 12,249.  The S&P 500 is up 2 points to 1,306 whileRead more

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Goldman Sachs (GS) Wears its Golden Slacks

9:05am (EST) The bulls went into Monday’s session knowing they were facing an uphill battle after Standard & Poor’s lowered its outlook on U.S. debt to “Negative” from “Stable” about 30 minutes before the start of trading.  Futures went from bad to worse and there was panic at the openRead more

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S&P Revises U. S. Debt to “Negative”

1:30pm (EST) Futures were pointing towards a slightly lower market when we released this morning’s update but things got even worse shortly after we sent it out.  Before the opening bell.  Standard & Poor’s lowered the U.S. debt outlook from “Stable” to “Negative” while reaffirming the country’s “AAA” debt-rating.  ThisRead more

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Bears Looking to Keep Slight Momentum

8:45am (EST) Although the bears won last week’s battle to make it two-in-a-row, you could tell by the bulls’ efforts that they aren’t going down without a fight.  The real action occurred in one day, on Tuesday, which is when the bears roared loudest.  Friday’s gains helped cut the week’sRead more

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Bears Getting Stronger but Bulls Show Resiliency

12:50pm (EST) There has been a slight battle between the bulls and bears today as both sides try to square up their positions for the week.  There has been a ton of economic data so let’s get that out of the way, first. The Consumer Price Index (CPI) was upRead more

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Google (GOOG) Drops $30+

8:50am (EST) The bulls got their second straight win on Thursday but the margin of victory matched Wednesday’s slight gains.  The bears dominated the early action after hearing initial jobless claims rose by 27,000 week-over-week to 412,000.  Wall Street was looking for 385,000 and the jump back over 400,000 was the headline shocker.  ThisRead more

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Google’s (GOOG) Earnings After the Bell

1:25pm (EST) It’s all about the notes… We have been busy today, folks, and there are a lot of good stories to talk about so we are going to be quick because we have a lot to go over in our Members Area. The bears dominated the early action thisRead 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.