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Friday, May 11th, 2012
12:55pm
Wall Street notes…
We were like a kid on Christmas as futures were showing a triple-digit loss for the blue-chips when we hit the rack. We knew when we woke up one of our presents would be a biotech trade that could triple at the open. We got a bonus package after the close on Thursday which felt like Christmas Eve with JPMorgan’s (JPM, $37.71, down $3.03) debacle which will only weigh on the market going forward.
It has been a super sweet day as we have banked our 23-straight winning trade since late March. Needless to say, we are on a roll.
Of course, we have been telling everybody and anybody that would listen to us that 2012 would be an incredible year to trade options and we continue to feel that way. The current volatile environment is when we are at our best and we expect the chaos to continue.
Again, if you have never played the market to the downside, or traded in this type of environment, then you are truly missing out and some of the BEST profits you will ever see.
Since March, our subscribers have made 492% in 3 weeks on American Express (AXP, $59.94, up $0.52) call options; 292% in a week on Capital One (COF, $54.39, up $0.08) call options; 180% in 16 days on Deckers Outdoor (DECK, $53.13, up $1.35); and 576% in a little over 2 weeks on a Green Mountain Coffee Roasters (GMCR, $25.63, down $0.46) put option trade.
If you feel like you may have missed out on these trades, don’t. We have a current recommendation that is up 20%, the options are at a little over a buck, and we feel they could reach $7 for a 600% return. The options are on a stock that is in the lows $30’s but we feel shares could drop below $20 by mid-August. You can get into this trade right now.
That is all we have for today and we need to wrap things up as it has been a long, great week. We want to spend the last few hours just watching the market with a cold soda as we look forward to a relaxed weekend. There may be panic on Wall Street and we are sure there is a Duke brother or two out there feeling the pinch.
We feel like Billy Ray and Louis Winthrope right about now.
The Dow is up 35 points to 12,890 while the S&P 500 is higher by 4 points to 1,362. The Nasdaq is higher by 20 ticks to 2,954.
We have added 2 more NEW TRADES to our portfolio today. One at the open and our limit price was triggered shortly after lunch on the other. We were going to wait to go to press for another hour but we wanted to do the Daily update now to make sure everyone is filled and got into the trades.
BTW, our Arena Pharmaceuticals (ARNA, $6.10, up $2.44) call option trade is showing a 225% return with the stock up 70%. See the power of options?
We will be back Sunday night with the Weekly Wrap and on Monday morning with the next issue of the Daily. Make sure you are with us. Until then, have a great weekend everyone!
Tags: ARNA call options Posted in BioTech, Hot Stocks, Market Analysis, Market Commentary, Option Trades | Comments Off
Thursday, May 10th, 2012
12:40pm (EST)
The market is slightly positive heading into the second half of trading as jobless claims remained flat which was “good news” as many were expecting worse numbers. News from overseas has been “positive” following the takeover of Spain’s third largest bank by its government which has helped its market rally 3% today.
Initial Claims dropped 1,000 to 367,000 while Continuing Claims fell 61,000 to 3.23 million from a revised 3.29 million from last week. The 4-week moving average came in at 379,000, down from 384,000.
Elsewhere, Import Prices fell by 0.5% in April while Export Prices popped 0.4%. The core reading came out to a 0.1% increase for Imports and flat for Export Prices.
Ben Bernanke gave a speech this morning but steered clear of commenting on the economy and any QE3 hints.
As we head to press, the Dow is up 64 points to 12,899 while the S&P is higher by 7 points to 1,162. The Nasdaq is higher by a point to 2,936.
We should get some big news concerning Arena Pharmaceuticals (ARNA, $3.66, HALTED) today but it may not come until after the bell. Shares have been halted due to pending news on its obesity drug, Lorcaserin, as the company tries to convince the suit-and-ties the drug is safe.
Shares could open above $5 or under $2 in after-hours trading.
Subscribers, check the Members Area for the updates and let’s keep our fingers crossed for Arena getting a thumbs up.
Tags: Arena Pharmaceuticals, ARNA, ARNA call options, ARNA put options Posted in BioTech, Market Analysis | Comments Off
Wednesday, May 9th, 2012
12:30pm (EST)
More rhetoric from Europe has pushed the indexes below support once again but the bulls are battling back as they try to hold down the fort. With economic news light and earnings winding down, the market has become more volatile inside its recent trading range.
The bulls have had trouble clearing resistance for 6 weeks and the bears have had problems cracking support despite the negative headlines this week and last. We said there could be a stalemate until Thursday’s jobless claims and that appears to be the case.
The Dow is down 86 points to 12,845 while the S&P is off 8 points to 1,355. The Nasdaq is lower by 13 points to 2,933.
We have important updates we need to cover inside our Members Area so we have to cut it short today. We will be back in the morning with a full review of today’s events but let’s go check on our current trades which are up again today.
Tags: initial claims, Jobless Claims Posted in Market Analysis | Comments Off
Wednesday, May 9th, 2012
9:00am (EST)
The bears were able to push the second wave of support on Tuesday but the bulls battled back in the second half of trading to recover half of the losses on the lows.
The Dow fell 76 points, 0.6%, to close at 12,932. The blue-chips traded down to 12,810 (- 198 points) shortly before Wall Street’s lunch break and we had a sneaky feeling support at 12,800 would stick. Sure enough, it did. If the bears can get a close below this level, we said there could be risk down to 12,600-12,500 this week but the bulls will pull for a close above 13,000 today.
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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 we are off to a unprecedented start for 2012. We offer 2-3 powerful call or put option trades each week (depending on market conditions) aimed at triple-digit returns for our Daily newsletter and our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis. Together, we are 84-18 and we doubt you will find a hotter newsletter. Our subscribers have closed 22-straight winning trades and last week we recently scored big on our Green Mountain Coffee Roasters put option trade which racked up a 576% return!
Our list of winners also include +180% on DECK, +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. In other words, these solid gains could have turned your $10,000 trading account into nearly $60,000 for a 493% return using our recommendations. Wow! Our auto-trading partners verify our results so if you are a busy professional and work during market hours, they can do the trading for your account!
Tags: call options, option trading newsletters, options trading, Stock Market Weekly Wrap, stock options trading advisors Posted in Covered Calls, Market Analysis, Market Commentary | Comments Off
Tuesday, May 8th, 2012
1:05pm (EST)
The market is doing what it should have done yesterday but we didn’t mind waiting 24 hours as we have been able to close a plethora of winning put option trades today. We will keep it short but we wanted to show you the Fossil (FOSL, $79.66. down $46.11) put option trades we profiled in our Members Area along with the chart work.
Here were our thoughts Monday morning before the market opened (quotes are from Friday, May 4 close):
Fossil (FOSL, $129.19, down $5.81)
May 105 puts (FOSL120519P00105000, $0.90, up $0.60)
June 100 puts (FOSL120616P00100000, $1.10, up $0.50)
Thoughts: Fossil reports earnings on Tuesday so we may get into this trade today but want to see how shares open. The company has been on a roll of late but if they miss earnings or lower guidance look out below.

Here is how the trade looks today on our Watch List:
May 105 puts (FOSL120519P00105000, $25.20, up $24.00)
June 100 puts (FOSL120616P00100000, $22.00, up $20.40)
The May 105 puts are up a staggering 2,000% while the June 100 puts are up a whopping 1,275%!
Here is one of the several dozen emails we got this morning:
“Rick,
Great call on Fossil. I bought the May 120 puts for $3.70 yesterday morning just sold for $32.00 today.
Keep up the great work
Thank you,
Henri N.” (END)
Folks, we said back in late March when we started loading up on put option trades it would be a great time to be IN the market.
We have closed 5 winners this week and we are looking for more.
As we head to press, the Dow is down 170 points to 12,837 while the S&P 500 is lower by 19 points to 1,350. The Nasdaq is off 48 points to 2,910.
Subscribers, check the Members Area for the juicy updates!
Tags: FOSL put options, Fossil earnings miss Posted in Earnings, Hot Stocks, Market Analysis, Market Commentary | Comments Off
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Bears Show Teeth, Bulls Bite Back
Friday, May 11th, 2012
12:55pm
Wall Street notes…
We were like a kid on Christmas as futures were showing a triple-digit loss for the blue-chips when we hit the rack. We knew when we woke up one of our presents would be a biotech trade that could triple at the open. We got a bonus package after the close on Thursday which felt like Christmas Eve with JPMorgan’s (JPM, $37.71, down $3.03) debacle which will only weigh on the market going forward.
It has been a super sweet day as we have banked our 23-straight winning trade since late March. Needless to say, we are on a roll.
Of course, we have been telling everybody and anybody that would listen to us that 2012 would be an incredible year to trade options and we continue to feel that way. The current volatile environment is when we are at our best and we expect the chaos to continue.
Again, if you have never played the market to the downside, or traded in this type of environment, then you are truly missing out and some of the BEST profits you will ever see.
Since March, our subscribers have made 492% in 3 weeks on American Express (AXP, $59.94, up $0.52) call options; 292% in a week on Capital One (COF, $54.39, up $0.08) call options; 180% in 16 days on Deckers Outdoor (DECK, $53.13, up $1.35); and 576% in a little over 2 weeks on a Green Mountain Coffee Roasters (GMCR, $25.63, down $0.46) put option trade.
If you feel like you may have missed out on these trades, don’t. We have a current recommendation that is up 20%, the options are at a little over a buck, and we feel they could reach $7 for a 600% return. The options are on a stock that is in the lows $30’s but we feel shares could drop below $20 by mid-August. You can get into this trade right now.
That is all we have for today and we need to wrap things up as it has been a long, great week. We want to spend the last few hours just watching the market with a cold soda as we look forward to a relaxed weekend. There may be panic on Wall Street and we are sure there is a Duke brother or two out there feeling the pinch.
We feel like Billy Ray and Louis Winthrope right about now.
The Dow is up 35 points to 12,890 while the S&P 500 is higher by 4 points to 1,362. The Nasdaq is higher by 20 ticks to 2,954.
We have added 2 more NEW TRADES to our portfolio today. One at the open and our limit price was triggered shortly after lunch on the other. We were going to wait to go to press for another hour but we wanted to do the Daily update now to make sure everyone is filled and got into the trades.
BTW, our Arena Pharmaceuticals (ARNA, $6.10, up $2.44) call option trade is showing a 225% return with the stock up 70%. See the power of options?
We will be back Sunday night with the Weekly Wrap and on Monday morning with the next issue of the Daily. Make sure you are with us. Until then, have a great weekend everyone!
Tags: ARNA call options
Posted in BioTech, Hot Stocks, Market Analysis, Market Commentary, Option Trades | Comments Off