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Market Mixed/ New Trade Alerts!

Monday, January 28th, 2013

12:10pm (EST)

The market is mixed as we head into the second half of trading with Tech showing some strength.  Earnings will continue to be the main focus of the market but the Fed and economic news will play a role in helping the bulls are bears achieve their price targets this week.

The Dow is down 2 points to 13,893 while the S&P 500 is lower by a point to 1,501.  The Nasdaq is up 9 points to 3,159.

There are a few trades we are trying to get into today and we were unable to get our fill prices on the open this morning for one of them. The good news is prices have come down so we are going to get in The march options we recommended.  We also have another trade that is an earnings trade.  The options have pulled back as shares are slightly lower today but we expect the company to report a strong quarter on Wednesday.

These are “cheap” options that we feel could double from current prices as we could see the stock make a strong move past $50.  We want to get in ahead of the news so we are going to establish positions now.

Subscribers, check the Members Area for the New Trade recommendations and use limit orders to get the best fills.  We will be back in the morning with a full report.

Another Brick in the Wall

Friday, January 25th, 2013

9:00am (EST)

We don’t need no education

We don’t need no thought control

No dark sarcasm in the classroom

Wall Street leave them bulls alone

 

There is no intro needed for this Friday’s office jam as we get ready for the opening bell…

The bulls continued their march higher on Thursday as they pushed past resistance while holding support on Tech.  The bears tried to catch a little of the action but economic news helped offset some of the weakness as jobless claims came in much better-than-expected.  The bulls gave a little bit back as the S&P finished flat but we are betting they have one more stampeded in them before the bears take over.

The Dow added 46 points, or 0.3%, to close at 13,825.  The blue-chips were up triple-digits at one point, trading to a high of 13,879, and held resistance at 13,800 into the close.  It would be hard to imagine the bulls not triggering 14,000 or new highs for the Dow as they have come so far so fast.  However, we often remind readers that stocks (or the market) often take the stairs higher and the elevator down at some point.

The S&P 500 showed a heartbeat and ended the day up 1/100 of a point to close at 1,494.82.  The index cleared 1,500 in the morning hours and kissed 1,502 before ending flat.  The bulls will try to clear and hold this level ahead of the weekend.  Support is way back at 1,275.

The Nasdaq held up well despite Apple’s (AAPL, $450.50, down $63.51) regression, falling 23 points, to settle at 3,130.  The bulls were able to hold 3,125 after Tech touched a low of 3,124.45 but 3,100 is now in play on a further pullback.  A close back above 3,150 today would be a bullish sign for next week.

The Russell 2000 gained 3.5 points, or 0.4%, to end right on 900.  The small-caps reached a peak of 904 and could run another 3% before the bears wake up.  We have been calling for a test to 900-925 on an overshoot which could be reached within the next week or two if the bulls keep their current momentum.

The S&P Volatility Index ($VIX, 12.69, up 0.23) hit 13.50 after the open but stayed well below 15 which is our warning sign.

Starbucks (SBUX, $54.57, up $0.11) should get a nice pop at the open after reporting a sweet quarter.  We were thisclose to recommending the February 57.50 calls (SBUX130216C0005750, $0.77, up $0.27) yesterday but we didn’t like the price action shares were showing as we wanted to see a push past $55 ahead of the news.  Shares traded to a high of $54.90 yesterday and will likely clear this level at the open.

Although we didn’t swing the bat this week on an earnings play, we will next week as we have room for a few more trades.  We are off to a 9-0 start (including the Weekly Wrap) for 2013 but we want to be careful as we approach a possible top in the market.

Futures are showing a decent start to today’s session and look like so:  Dow (+31); S&P 500 (+4); Nasdaq (+10).

Subscribers, check the Members Area for the updates.

 

Special Note:  For those of you unfamiliar with our Watch List, it is a section in the newsletter on possible option trades we are looking at.  Some of them become “official” trades we take, some don’t.

One stock that has been hot over the past 2 weeks is  Aetna (AET, $49.72, up $1.11) and we profiled the February 48 calls (AET130216C00048000, $2.30, up $0.80)last Monday at 50 cents.  If you happen to be in this trade, it would be wise to start booking at least half profits as the trade is up a whopping 360%.  We have added 2 new candidates this morning and although we likely won’t initiate new positions today, we might if the price is right.

Again, we DON’T take credit (or blame) for a trade unless we send out a New Trade Alert but we get tons of emails from time to time when an option we profile on our Watch List breaks out to these kinds of gains so we thought we would address all of the happy emails we are getting.

Netflix (NFLX) Options Zoom 4,000%/ S&P Trips 1,500/ Profit Alert (CHRW)

Thursday, January 24th, 2013

12:25pm (EST)

We mentioned this week would produce some nice earnings trades and one we failed to capitalize on was Netflix (NFLX, $142.82, up $39.56) which is up a whopping 38% today.  The company did the exact opposite of Wall Street expected as they reported a profit of 13 cents versus expectations for a loss of 13 pennies.

NFLX12413

We had a feeling the company would “survive” considering the deal they recently signed with Disney (DIS, $54.60, up $0.65) which was huge.  Netflix has a solid brand name and despite some stumbles, there is some value in the shares.

As cable companies continue to raise prices and provide crummy service, customers are looking for ways to reduce their cable bill or slash them entirely.  Verizon (VZ, $42.83, up $0.04) charges an incredible amount of money to use their cable, phone (home and mobile), and internet services.  There are so many hidden fees attached to your cable bill that it becomes a headache to figure it out.  They charge monthly fees for the cable boxes and they don’t offer the best phone rates as many carriers are a lot cheaper.  Customers are paying north of 4 bills to have all of Verizon’s bells and whistles with a phone and data plan.

This is where Netflix comes in.  As people move away from traditional cable companies and switch to alternative methods, content will be key as well as pricing.  Netflix is $8 or $16 a month an offers a ton of viewing choices.  The company is expanding globally but now managing that growth in a better way and their partnerships continue to impress.  Shares are still a little lofty at these levels but with so many downgrades and lowered expectations, we should have swung the bat on a cheap call option trade.

The Netflix February 130 calls (NFLX130216C00130000, $14.55, up $13.60) closed at 95 cents yesterday after OPENING at 34 cents and are up a whopping 1,431% today.  In other words, a $1,000 investment would be worth a cool $14,550 at the present moment.

There are WEEKLY options available to trade on Netflix and the January 125 calls (NFLX130125C00125000, $16.40, up $16.02) closed at 38 cents yesterday after opening at 16 cents and are up an astounding 4,215% on today’s news.  A $380 trade on 10 contracts would have yielded a profit for $16,400!

Now you know why we say earnings season can produce some incredible option returns.

As far as the market, the bulls are flexing their muscles despite Apple’s (AAPL, $460.32, down $53.69) drubbing.  The Dow is surging 85 points to 13,862 while the S&P 500 is up a nickel to 1,500.  The Nasdaq is down a six-pack to 3,147.  Incredible.

We do have more good news for a few of our current trades and we are locking in profits on one that showing a gain of nearly 60%.  We said the bulls could run through the first of February and we are looking to ring the register along the way.

Subscribers, check the Members Area for the updates.

Special Reminder:  We were stopped out of our Antares Pharma $4.00, flat) covered call trade for the Weekly Wrap.  We made single-digits on the trade and we could have written another call option to get the returns to double-digits but we felt it was best to move our money into some faster moving trades.  This gets out Track Record for the Weekly Wrap to 46-2 since inception.  We will have a special story for you tomorrow on the Weekly Wrap so make sure you read up on it.

Boeing (BA) Takes Another Dive but Recovers/ NEW TRADE!!!

Thursday, January 17th, 2013

12:40pm (EST)

Usually, when there’s smoke there’s fire and after a number of warning signals, the FAA (Federal Aviation Administration) stepped-in and grounded Boeing’s (BA, $74.31, down $0.03) 787 Dreamliners.  The company must prove to the FAA that the lithium batteries they use in the aircraft are safe before they can resume operations in the U.S.  There are only 6 planes that operate here in the States by the publicity will be a stinger and other carriers are following suit as the overseas carriers usually follow the FAA’s recommendations.

The batteries have been an ongoing concern for a couple of weeks now as a number of planes have experienced smoke and battery-fire issues. This has raised serious concerns about the safety of the batteries and the planes. 

We talk about “spotting” these types of situations in our trading manual “How to Trade Options on Momentum Stocks” and we listed and profiled some put options for Boeing on Wednesday morning.  Unfortunately, they gapped up at the open yesterday and doubled so we didn’t want to chase.  Instead, we wanted to see a close below $74 before going short but shares held this level into the close.

The February 72.50 puts (BA130216P00072500, $1.55, up $0.05) traded up to $2.22 at the open when shares started the session at $72.78 this morning.  They traded down another dime before recovering but we have also been watching the February 70 puts (BA130216P00070000, $0.85, flat) which soared to $1.40 on the open after closing at 83 cents yesterday. 

We will be patient as there could be a longer-term setup but we may have to look at the May put options which will allow more time for a breakdown.  Wall Street will try to prop up one of its beloved Dow components but shares could dip below $70 over the next few months and test the 52-week low of $66.82 if Boeing doesn’t resolve this issue quickly.

The January options expire tomorrow and in recent years the Friday before Martin Luther King Day has favored the bears.  The market will be closed on Monday to observe the holiday so the close this week will be important.

We will talk about levels to watch for in tomorrow’s update but today’s action is pushing resistance with the S&P at new multi-year highs.  The index is up 9 points to 1,482. 

The Dow is up 90 points to 13,601 while the Nasdaq is higher by 19 points to 3,136.

Subscribers, we have another NEW TRADE today so let’s get on it.

Alcoa (AA) on Deck/ New Option Trade!

Tuesday, January 8th, 2013

12:25pm (EST)

We love earnings cycles and although we wish there was another stock besides Alcoa (AA, $9.14, up $0.04) that “officially” opens each quarter, it’s show time on Wall Street. 

Earnings seasons are when stocks can make tremendous moves of 5%-10% or more based on what they say.  Of course, each company will have different excuses for not meeting expectations and will blame Super Storm Sandy or the Fiscal Cliff, Debt Threat, the zombies and Obamacare as reasons on why they missed expectations. 

The companies that beat the suit-and-ties forecasts have trimmed the fat, redesigned themselves, or have hot products and services that people want and are buying.  The bar has already been lowered because of the aforementioned headwinds so we will be interested in what companies say about their full-year outlook rather than the quarter that just ended. 

Alcoa is expected to post a profit of 6 cents a share on revenues of $5.6 billion.  Shares hit a 52-week low of just under $8 back in October 2012 on its 3Q report.  We have recommended the stock a few times over the past couple of years as successful covered call trades for our Weekly Wrap but we currently do not have a position in Alcoa. 

The options are pricing a 5% move in the stock as the January 9 calls (AA130119C00009000, $0.30, flat) and the January 9 puts (AA130119P00009000, $0.20, flat) are going for 50 cents, together.  With shares at $9, a 45-50 cent move is being priced in. 

While we will be watching Double-A’s earnings, we were impressed with Monsanto’s (MON, $98.42, up $2.48) numbers as the stock pushes fresh 52-week highs.   Shares look poised to crack triple-digits and have traded to $99.99 today.

We mentioned on our Watch List this morning Potash (POT, $41.79, up $0.11) could see a pop and shares have traded up to $42.08 today.  We have 2 earnings trades in play so we will be passing on Alcoa which should match or beat Wall Street’s penciled-in numbers.

A good quarter by Alcoa could help the Dow on Wednesday and is struggling again today as the bears are trying to crack support that served as prior resistance.  The good news, like yesterday, support is holding. (read more…)

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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 had an incredible 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 were 159-70 (70% win rate) for both newsletters in 2012 with over 30-triple-digit winners.  Our 5-year track record from 2008-2012 is now a staggering 621-273 that is also a 70% win rate.  We doubt you will find a better options trading service.

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2013 Closed Trades:

    Here are our biggest recommendations for 2013 so far: +367 on REGN call options +173% on BGFV call options +140 on SCTY call options +178 on SNE call options +128% on SNE call options

    Our 2013 Closed Track Record for the Daily and Weekly Wrap are posted in the Members Area along with our 2012, 2011, 2010, 2009, and 2008 Track Records. We have NEVE had a losing year and we are having an incredible 2013!

    We were 159-70 for 2012, our fifth-straight profitable year since inception, with over 30 triple-digit winners and 17 more winners of 70% or more.

    The 5 biggest gainers for 2012 were: :
    576% on GMCR put options;
    500% on TASR call options;
    475% on AXP call options;
    464% on ARNA call options;
    and 292% on COF call options. We doubt any option newsletter performed as well as we did.

    Our 5 biggest winning recommendations in 2011:
    +1,167% Rambus option trade
    +357% RIMM option play
    +296% Freeport option trade
    +190% O’Reilly
    +184% Goldman Sachs
    We had 21 triple-digit winners and 12 (70%+) on 154 trades

    Our 5 biggest winning recommendations in 2010:
    +525% Adobe call options
    +297% Akamai Tech
    +190% Nike call play
    +177% Best Buy option trade
    +150% Green Mountain
    We had 19 triple-digit winners and 6 (70%+) on 115 trades

    Our 5 biggest winning recommendations in 2009:
    +1150% RIMM option play
    +552% Google call options
    +556% RIMM option trade
    +567% Bank of America
    +335% IBM call options
    We had 79 triple-digit winners and 19 (70%+) on 238 trades

    Our 5 biggest winning recommendations in 2008:
    +1,057% Google call options
    +867% AIG put options
    +588% Budweiser takeover play
    +400% Chipotle Mexican Grill
    +347 Merck option play
    We had 65 triple-digit winners and 13 (70%+) on 142 trades

    The portfolios can be found in the Members Area as well as past portfolios from 2008-2011. Overall, we are 621-273 on nearly 900 real-time recommendations that equals a success rate of 70%. This means, on average, 7-out-of-10 of our option trade recommendations make you money and we hope to have an even better success rate for 2013.

    If you are missing these juicy profits, come give us a try. Get your password to our Members Area instantly when you sign up TODAY! One profitable trade will easily pay for your membership. You can request our 2008-2012 Track Records by sending us an email or filling out the box below.

Trader Comments:
    I just want you to know that I love the way you write and explain everything. I am new to this, and have lost 50% of my account until I met you guys. Iit is slowly coming back. I will be calling to set up a year of membership rather than the one quarter. Thanks again, and LOVE YOU ALL. REGINA L.

    Rick, I appreciate the advice. I think I will just sit back and utilize your selections only for awhile. This will obviously save me a great deal of money in commissions. I have gone thru your entire site including the video on money management. This has brought me to the stark realization that I have been trading too much for too little. I definitely have not been "swinging for the fences", but I also think I have been getting impatient with trades and getting out too fast. This has no doubt caused me too trade too much. I like, and definitely agree on, the advice on money management. Thanks for the help. STEVE T.

    Thank you!!! I held on to the NFLX position since Nov. 13 at a cost of $1.89. Sold ½ on April 14th for a 540% return and the other ½ upon earnings for 702% return. Total profit of $11,615 a 621% return. Keep the recommendations coming and thanks to you and your team for the service you provide. SCOTT H.

    Rick & Team, GREAT Call on NKE for my two trading accounts:
    1) Entry at .65, out at 1.45, 1.55 Profit = $415
    2) Entry at .60, out at 1.75, 1.50 Profit = $485 PETER G.

    Hey Rick! Here is an update on what your picks have done in my accounts.

    1) Great call on the JoyG March 55. I bought when you said, then bought again on one of the dips. Booked 80+% profit. Made enough to pay for your service for years to come.

    2) Also booked profits on your Berk Feb 74 (80%) and threw a major chunk of change at the March 75’s (190+%). I would have never known that Buffet's stock had split if it weren’t for your service. Bought the shares also for the long haul. Won’t look at them for another 20 years. Great job on getting us in before the indexes did.

    3) Took profit on your Imax March 12.5. 20 cent trailing stop at 1.90 yesterday. Not sure what the profit on that was, but profit is profit.

    I see that you took a loss on some of these. It’s all good. I look to trade your “ideas” not your exact calls. I THANK YOU! For your ideas and commentary. Keep up the good work. And keep those ideas coming. LAWRENCE O.

    Loving this subscription so far! I got into the BRK feb 76 calls the day you talked about right before the split...now up over 300% (0.70 to 2.475)! Keep the good picks coming and let's see some OSIS and EMC upside soon! Just wanted to share my positive enthusiasm on your newsletter...it gives us individual investors great ideas on not only the options market, but also the broader equity market! Case in point is BRK...I can't always read the breaking business news but its easy to read your twice daily updates on my smartphone...helped me get some BRK shares immediately after the split which I will hold for the long haul! Thanks again! C.J.

    Aloha Rick - Thank you so much for the great CL pick. I am not sure if there was buy-out/merger news or what but at 3PM today Colgate-Palmolive absolutely EXPLODED to the upside, and my calls turned into green candy when they went from 1.40 to 3.8 in a matter of seconds! I even sold a few for over 4.0! Much thanks and keep the solid picks up my friend, honestly. Only a fool would scoff at 267% gains... Peace! SHAUN

    I like the fact that you ask for comments from subscribers. Good customer service. By the way, am enjoying the service so far. Some good profitable calls. Keep up the good work. MICHAEL K.

    Woo hoo! Out for 50% on WMT this am. Making up for my depression for getting out of pcln for a 30% gain monday :( you the man! any word on the manual? My friend Mike ( who I sent to your service) told me he emailed you about your integrity in reporting fills. I echo that sentiment big time.. keep it up! Cheers!
    PARAG P.

    Hi Rick, as a new member all I can say is, 'show off' LOL, with PCLN. JAY P.

    Rick, I am a new subscriber to your service, and I want to say I am impressed. I am impressed by your results, but more than that I am impressed by your reporting of your fills. You could have easily said you got that Wal-Mart call today for 80 cents, instead you reported 98 cents! Good job and keep it up, I watched the reporting of the fills first, and then I subscribed. Thank You. MIKE

    Hi, good morning. I jumped the gun a little on this one (PCLN). But still made $1,675.00 profit!! Very happy!! Keep up the good work!! Thanks. TRISH D.

    Hi there, I have joined recently, and I am very happy to tell you that I am up over $10,000 on your picks in a month. I started on 10/7 with the Intel pick. I'll be your member for life. Please don't quit on us. Also, I am learning a lot about options. I didn’t get in your recent APOL and that gold trade and only had one loss on CHK. I appreciate all the DD you do. I enjoy your market commentaries. Best advice site period, and I have tried a few here and there. Again, you guys rock! MIN L.

    Thanks be to Momentum Options Trading for providing me with some fantastic wins. I just started with this service and am up nearly 50% in less than a month. There have been losses, but if I manage them properly, I will continue the best efforts given on the blog (in which there are no complaints). What a great cause for humanity. I feel more confident about my trades and continue to play the wins. Best of all, I am now keeping my regular paychecks in the bank! Thank you! JOE G.

    Rick - I wanted to say thanks for getting me started on the right foot with your service. I have made six trades since starting on October 22, 2009. Five are winners and One loser netting me $6,245. Thanks again and keep the trade recommendations coming. GREG F.

    I got into the Nike 60 Call at 1.85, sold at 5.00, also bought a 55 put at 1.05, but got stopped out at .35. What a ride! $2830.00 in the black even with the put. It's right at 100% return. I hope earnings season coming up is going to look like this trade. NOEL

    Nice call on Nike. I think I'll go buy a pair with my profits! : ) I did the straddle for safety but still made 62% on the trade. Not bad for less than 24 hours. If Goldman is right, then the Nov 70s or 75's could be a steal today. TODD F.

    What a sweet way to get introduced to Momentum. My first trade based on your picks and it a 2X. Thank you! PAUL H.

    “Limit order was set at 1.60 on RIMM so it sold. I may have left some money on the table but you can't go broke making a profit. That was a fun trade. Thank you. Good call. I’ve been watching and trading Rick's advice since March. It’s usually a fun ride, but I give him heck when it's wrong to. :) ” NOEL

    “Your service rocks! I made bank on Dendreon last week! The other thing I have to say is that it took me quite a while to find a REAL options trading service like yours. Most of what’s out there is 99% scam and very sketchy. Momentum Options Trading is the first service I found that I can trust and seriously make money with.” CHRISTIAN

    “I made $420.00 on ANF in 2 days. Thanks for the trade and updates on getting out of the trade.” JOHN

    “I did follow a lot of your trades with 1-2 contracts per trade and YTD I’m up 108%. I try not to follow blindly by not entering all of your trades and sometimes entering the ones you don’t. I entered AIG a few weeks ago against recommendation – that one hurt.” CHARLES M.

    “I have been following you for several months and am interested in the new service. I hate to see the free service go away but as they say, “all good things must come to an end”. My ability to join will be greatly influenced by the monthly fee so I’m very curious to see the new prices. Thanks for making April a great month for me and my family.” BRYAN C.

    “I have really enjoyed the past month since finding your blog. You have made some great calls. I would appreciate info. on the new options mentoring program. Thanks.” JOHN H.

    “Hi Rick, I have been following your blog for several months now and I would like to be including on the list for your new service and to receive more information about it. And yes I was a Dendreon winner with your tips. Turned $280 into $7700, and literally saved my butt.” JEFFREY

    “I made over 6k on your Dendreon trade, and I’m very interested in learning how you pick and trade options. Sign me up.” ED

    “Rick – Wow what a day! I got in at the Dendreon calls at $2.25. Thanks to for your advice. I appreciate that. This company has a lock on this type of therapy and no one else in the world is close. Kind of reminds me of the type of companies that Peter Lynch and Warren Buffet suggest that investments be made in. Companies that can build a moat around their business model, that allows them to charge a premium for their product or service. In other words - a monopoly.” GREG

    “Hi Rick, Thank you so much for the Dendreon trade, I made almost $10,000 with that trade with a little over $2,000 investment. You have shown me the power of options trading. Again, thank you so much for all your inputs.” KEN

    “Hi Rick, thanks for the encouragement to play the dendreon calls! did freaking great! Got in the first lot at $1.44 on 3-24-09, sold at $2.45, 70% not bad. Bought it back at $2.30 on 4-7-09 closed out on 4-14-09 for 454% gain! Wow! I love it when that happens. So, thanks the encouragement to get back in when others were saying sell, sell, sell. Keep up the good work.” GARETT

    “Rick – Thanks for Dendreon – it has made all the headlines today! I missed on RIMM earlier, but I’ve been holding onto DNDN calls since 3rd week March. Of course today it all paid off today, as DNDN rocketed up.” TERENCE

    Jan. 31 2012
    Rick, new member...Studied all current trades, did some chart work,picked ZNGA, PEP, MGM...Sold on Feb. 2 for $3600.00 profit...Cost for 1-year membership to your newsletter was less than $1000.00..All I have to say..Thank you. John H –

    3/18/11
    Rick, I purchased 10 contracts of the Nike March 85 puts Thursday afternoon for $2.00. Thing is, I was upset because the puts went down to $1.60 or so before the market closed. Well, needless to say Nike didn’t impress Wall Street and when I turned on the computer this morning the puts were worth $7.10! Sold them for a $5,100 profit!. Thanks again, you are the MAN. Chuck J-

    2/3/12
    Hi Rick,

    I will start off with a thank you for your time and dedication to all
    the research you and your team commit yourself to. This is not me just being excited about the profits I have accumulated aka (bank) ! You have helped me get back to the passion I had of researching stocks/options. Keith N-

    Hi Rick,

    I want to share my great results on GMCR. Based on your comments on February 15th, I bought 20 options at $0.28. They closed today at $7.00, which is a 2,300% gain. My $560 dollars turned into $14,000 in less than a month. In decades of trading, this is my single best trade ever. Thank you! By the way, the Dow was down 228 points today and I could care less. What a great trade. It proves the amazing power of options. I am so grateful for your service, which calls it straight all the time, your options trading manual, and most of all, your amazing skill
    at finding winning trades. I have attached a copy of the trade from
    my brokerage screen.

    Hi Rick,

    Wow!! my account it up 70% since i joined last month and market is going the opposite direction. Really appreciate your service. I just wanted to drop a note to say THANK YOU. Hope to be with you guys for a very long time. Mel

    Rick,

    Great call on Fosl 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

    Rick –

    I bought 10 Deckers Outdoor (DECK) May 55 puts at $0.50 on 4/26/12 and sold them on 4/27/12 for $1.65. I made $1150 in one day. Thanks. I knew something good would happen sooner or later.
    HOW THE HECK did you know Green Mountain Coffee (GMCR) was going to go down 20 points???!!!! I bought 10 of the May 35 puts at $0.49 and then 5 more at .30. I sold them at 5.80. Thank you again.
    You have made a believer out of me. Alan

    Rick –
    I have only been a member for about 6 weeks but I have done well on most of the trades. My first two were QQQ and SPY a month ago and since then I've gotten into the groove and been doing well.
    I try to execute the trades that you recommend as soon as you send them out, sometimes I can't and I miss the Entry price. However, sometimes when I miss the Entry, the price goes down and I get a better price.
    That's exactly what happened with GMCR.
    You recommended it at around $.81 I think, but by the time I got to it, the price was $.27. I bought 100 Puts on Wednesday May 2, 2012 and sold half of them 24 hours later at $5.95 for a nice 2,203% gain. As per your recommendation, as GMCR went above $30 I sold the remaining 50 Puts at $5.50 for a slightly less 2,037% gain.
    On average that one trade netted me a 2,120% gain, entirely based on YOUR recommendation (and a little bit of luck). To put this in real terms, I risked $2,700 on Wednesday and pocketed $54,550 just 24 hours later.
    So uhh, let's do that again real soon!!
    Feel free to use my name. The tax guys have me on speed-dial already anyway. Dennis

    Rick:
    That was awesome on your GMCR pick, I know how risky it can been holding into earnings but you pulled it off. 
    I just started my autotrading with you today and am in on your QQQ play. I look forward this service. 
    I have a busy career and I have tried to follow and trade throughout the day and found it too hard. I hope you continue to have a great year, I plan to go along for the ride. I am starting slow but will pile more in once I have secured some profits. 
    Keep up the good work your trading has been spot on. I am sure you paid your dues to get this point in your career. Anthony

    Rick:

    Great call on GMCR!  I have been trading for about 15 years actively.  This may be the best trade I ever made.  Got in on Monday, April 30 and the stock was up from when you recommended it.  It went up further after I got in.  Here are the facts:
    Monday, April 30th: Bought 15 June 37's at $1.25= $1900 approx
    Thursday, May 3rd: Sold 15 June 37's at $9.30=$13,950
    Gain for the week: $12,050.
    I understand you will not get them all right.  It’s important to ride those winners and as you could tell from my selling price, I sold when the stock went to $28.10, so left a little on the table.  Who can complain.
    Keep the suggestions coming, looking for another jump on your FSLR, one that I have been riding very hard.
    Best regards, Bob
      

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