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S&P 500 Triggers Fresh High/ VIX Dips Below 13.50/ New Trade!!!

Tuesday, April 1st, 2014

1:10pm (EST

The bulls are going for the hat trick today as they try to seal the deal on 3-straight winning sessions.  The S&P 500 has hit an all-time intraday peak of 1,884.60, we’re not fooling, and the VIX has dipped below 13.50.

Before we cover the indexes, we wanted to provide a quick update on a trade from our Weekly Wrap earnings section.

Shares of CalMaine Foods (CALM, $62.95, up $0.17) are trading slightly higher again today following Monday’s 9% surge and spike north of $64 on better-than-expected earnings.

The company reported a profit of $1.77 a share on revenue of $395 million.  Wall Street was looking for $1.41 a share on revenue of $360 million.  On the surface, this is a huge beat on the top and bottom lines.  Our research showed this possibility.

Here was the write-up from Sunday night’s Weekly Wrap (quotes from 3/28/14):

“CalMaine Foods (CALM, $57.51, up $0.60)

April 60 calls (CALM140419C00060000, $0.75, up $0.10)

April 55 puts (CALM140419P00055000, $0.65, down $0.10)

Thoughts:  The option chains only trade in $5 increments and this kept us out of a possible trade on Friday along with the bid/ ask widening.

In late December, the company beat estimates by 3 cents and revenue was $25 million above estimates.  Shares were at $60.37 but traded flat the following session, down 14 cents on 12/31/13.  The first day back in 2014, shares fell nearly $3 to close at $57.40 and were below $50 by the end of January.  Shares are right at December levels and there is a chance another move of $10, either way, comes by the end of April.

The 52-week peak is north of $60 and a break above this level will likely lead to some fluff to $65 on a blue-sky breakout.  However, if the company disappoints, shares could easily fall below $55 and test $50.  The late January and early February low was $48.90 and this level would likely be tested if the company totally drops the ball.  A break below the “double bottom” could lead to a further breakdown to the mid to lower $40′s.

The company has beat and tied estimates the past 3 quarters and missed in the prior one before those.  The last two have been a beat by 4 cents, a match, and the two before were wild with a 52-cent beat and 13-cent miss.

There are only 2 suit-and-ties with estimates and they are expecting earnings anywhere from a profit of $1.22 or $1.59 (a share).  Needless to say, the chance for a huge beat or miss will be there.

This could make the headlines although investors won’t know there are only 2 analysts covering a $57 stock.

The cost for both options would have been $1.40-$1.50 on Friday.  We would have needed to get into them on Friday as the company reports before Monday’s open.

The breakeven point is for shares to make a move above $61.50 or a drop below $53.50.  Another worry was that shares will have to make the move in the next 3 weeks.

We can “follow” the trade for education purposes  and if shares trade flat we could look at a trade with May options.” (END)

The April 60 calls (CALM140419C00060000, $3.40, up $0.10) opened at $1.70 on Monday and closed the day 400% higher after ending at $3.30.  They traded to a high of $4.20 and today they have traded to $3.90.

The April 55 puts (CALM140419P00055000, $0.20, down $0.05) folded like a cheap lawn chair as they lost over half their value and have no “bid”.

The losses on the put options, even at 100%, would easily have been offset by the call options and why we suggested a possible strangle option trade.

The aforementioned trade could have been entered for $1.50 ahead of last Friday’s close and would have easily been a triple-digit winner but we hesitated and it cost us.

No worries as we have been building up cash for possible 1Q earnings trades that start next week.  Still, we should have pulled the trigger as we did a lot of research on the trade.  Hopefully, the next one we do will make it easier for any newbies to try a strangle option trade.

As we make the turn, the Dow is up 62 points to 16,520 while the S&P 500 is gaining 8 points to 1,880.  The Nasdaq is advancing 47 points to 4,246 and the Russell 2K is popping a 6-pack to 1,179.  The S&P 500 Volatility Index ($VIX, 13.41, down 0.47).

We have another New Trade today and we have updated our current ones.  Subscribers, hit the Members Area for the updates and stay close to your email inboxes into the close in case we have additional Trade Alerts.

 

Sonic (SONC) Soars 11%, Options Zoom 200%/ VIX Below 15

Tuesday, March 25th, 2014

2:05pm (EST)

Shares of Sonic (SONC, $23.21, up $2.29) are surging to fresh 52-week peaks following another decent earnings report.  The company reported their numbers after Monday’s close and beat estimates by a penny, or, the 6 cents analysts had expected.  However, Q2 revenues came in over $1 million light at $109.7 million versus expectations for $110.9 million.

Wall Street has been punishing stocks that miss on revenue but Sonic did guide future earnings higher and above current estimates.

Here were our thoughts in our Earnings section from Sunday’s Weekly Wrap (quotes are from previous Friday’s close):

Sonic (SONC, $21.27, down $0.32)

April 22.50 calls (SONC140419C00022500, $0.45, down $0.05)

April 20 puts (SONC140419C00020000, $0.40, up $0.10)

Thoughts:  We have been following the stock since it was in the single-digits and we should have added it to our Weekly Wrap as a covered call trade a few years ago.  Shares have been pushing 52-week peaks as Sonic has become the alternative to other well-known burger joints and another good earnings report could get shares near $24.  However, if they use the weather excuse or low guidance, shares could fall below $20.” (END)

The April 22.50 calls (SONC140419C00022500, $1.10, up $0.75) are up 214% and have traded to a high of $1.35 today.

The April 20 puts (SONC140419C00020000, $0.05, down $0.55) have folded like a cheap lawn chair as they are down over 90%.

The aforementioned call and put options would have made a great strangle option trade and are otherwise known as chicken trades due to an investor’s uncertainty on which way a stock might move.

Chicken or not, we should have pulled the trigger as shares have traded to a high of $23.51 and we had a good feeling a 10+% move was coming.

The cost of the trade would have been less than $1 on Monday’s open to do the strangle trade and there was a good chance to make 30%-40% on this morning’s open.  Of course, going long just the call options would have made over 200%.

If you haven’t signed up for our Weekly Wrap, do so today if you are interested in these types of trades.  There are a number of other earnings trades we have profiled for the week and while we do take them from time to time for our Daily, we don’t like overloading our portfolio with just earnings trades.

We have been mentioning the start of 1Q earnings are 2 weeks away and could help or hinder any rally or pullback.  This could be another good reason why the market has settled in a trading range for much of March and for the year for the most part.

We have one current earnings trade that will be front-and-center on Friday and FDA news will be in play for another one of our trades on Thursday for our Daily.  In other words, we have enough drama going on this week from our current trades to take additional action on others but there are still a lot of trades we like on our Watch List and from the Weekly Wrap.  We just want to get through this week before possibly opening the playbook up even further.

As we make the turn, the bulls are showing some muscle as the Dow is higher by 118 points to 16,395 while the S&P 500 is gaining 9 points to 1,867.  The Nasdaq is up 10 points to 4,236 and the Russell 2000 is advancing 2 points to 1,180.  The S&P 500 Volatility Index ($VIX, 14.52, down 0.57).

We have a lot to cover inside our Members Area so let’s get on it.  We could have additional updates into the close so stay close to your email inboxes.

Groupon (GRPN) Beats but Lowers Guidance/ Profit Alert (HRB)!!!

Friday, February 21st, 2014

1:30pm (EST)

Shares of Groupon (GRPN, $8.23, down $2.05) are down 20% today following the company’s earnings announcement after Thursday’s close.  Groupon reported 4Q earnings of $0.04 a share on revenue of $768 million.  The suit-and-ties were looking for 2 pennies a share on sales of $718 million.

We had the stock on our Watch List from last week into yesterday and said $11 or $9 would come into play on the announcement.  We had call options listed but we didn’t like how shares were trading going into the news although we knew there would be a good chance for a beat.

The stock was down 11% to $9-and change in after-hours and the losses have stuck like Chuck with shares now in the $8′s.  We probably should have listed some put options as this would have been a GREAT strangle option trade but we stayed on the sidelines so no damage was done.

The February 9 puts (GRPN140222P00009000, $0.75, up $0.57) are up 316% and the March 9 puts (GRPN140322P00009000, $1.05, up $0.59) are up 128%.

The reason shares are down despite a sweet quarter is due to the company’s warning of “one-time costs” related to the integration of their recent takeovers.  The biggest and best of the batch was its acquisition of Ticket Monster.

We have talked about turnaround plays on a few companies in recent weeks and while it is important to report back-to-back solid quarters, it is equally important to guide in-line or higher.  The break below the 200-day MA (moving average) was bearish and there is further risk to $8.  A break below this level could get nasty but if support holds there could be a rebound as the company is growing revenues.

The bulls are on track for their second-straight week of gains providing the market holds its current gains into the close.  The Dow is up 24 points to 16,157 while the S&P 500 is gaining 4 points to 1,843.  The Nasdaq is higher by 10 points to 4,278 and has cleared 4,275.  The Russell 2000 is advancing 5 points to 1,167.

We have been busy today with our current plays as we locked-in profits on 2 more Weekly Wrap trades.  We also have the opportunity to ring the register on a profitable trade for our Daily ahead of the weekend that is up 42%.  Going into next week, we have room to add up to 3-5 New Trades for our Daily and 2-3 for our Weekly Wrap.  However, we also have the luxury to wait for the next trend to develop as our Portfolios are light and we don’t need to rush the action.  We talked about the possibility of a trading range developing as well.

While other Wall Street pro and money managers are struggling to show a return for the year, we have gotten off to a phenomenal start.  Our Daily Portfolio is up 138% while our Weekly Wrap Portfolio is showing a a profit of 37% for all closed trades.  If you are NOT a subscriber you can email our support team to get both Track Records for 2014 (and past years).  Current subscribers get our updated portfolios through email.

We will be back Sunday night with the Weekly Wrap and more possible earnings trades for next week along with the Daily on Monday morning.  Until then have a great weekend everyone!

Garmin (GRMN) Surges to New Highs

Wednesday, February 19th, 2014

1:25pm (EST) 

We mentioned there were nearly 50 charts we looked at and dissected for possible earnings trades this week and we were able to navigate the list down to 25 by Monday’s open.  We did extended chart work on nearly a dozen stocks and one of the ones we liked best was Garmin (GRMN, $51.69, up $4.52).

GRMN21714

We have followed the company for years and have been bearish in the past but the company’s prior quarter indicated business was turning around.  The symmetrical triangle shown above was indicating a huge move in the stock based on earnings for the recently ended quarter and Garmin needed a good follow through.

Needless to say, with shares up 10% and pushing fresh 52-week peaks, Garmin nailed it.  The suit-and-ties were expecting a profit of $0.62 a share on revenues of $713 million.  They were blown away when Garmin announced numbers of $0.76 a share on sales of nearly $760 million.

Despite our past bearishness, we knew the company had a good chance of beating estimates as most of Garmin’s sales are now coming from wearables.  However, it is hard to trust a company during a turnaround so we didn’t want to commit money on a long only trade.

With the February options expiring this Friday, it was also a little risky to use these near-term options as a move of less than 5% would have crushed the premiums.

Shares were just north of $47 going into Tuesday’s close and we knew a 10% swing would push shares near $52 or they would tumble to $42 following the earnings announcement.

Knowing this information is crucial going into an earnings trade because it helps you define the trade.  Knowing WHERE a stock COULD be headed and the time frame are the two most important factors in setting up an option trade.

We were “chicken” to do a directional play on the stock by buying a call or put option but by buying one of each, we could have doubled our money in less than 24 hours.

The Garmin February 50 calls (GRMN140222C00050000, $1.84, up $1.37) were going for 47 cents into yesterday’s close and have zoomed 291% at current levels.  They have traded to a high of $2.88 after opening at $2.61 as shares have traded to a high of $52.72.  This would have been a gain of 450%-500% if the options were closed into this morning’s open.

GRMN21914

The Garmin February 43 puts (GRMN140222P00043000, $0.02, down $0.25) were priced at 27 cents ahead of Tuesday’s close and have been punished as they are down 93%.

GRMNb21914

The cost of the trade would have been $0.75, or $750, for every call AND put option purchased.  A 10-contract trade using the aforementioned options would have cost $750 and is valued at $1.86, or $1.860, at current levels despite the put options tanking.  This is a 143% return at current levels but the trade could have been maxed out for a return of over 450% at the open.

Of course, if shares moved less than 5%, both of these options would have seen their premiums deflate and the trade could have been a big loser.

For those of you that have received our options trading course, How to Trade Options on Momentum Stocks, we talk about strangle options trades starting on page 24 of the manual.

For possible trades on companies reporting after the close today include: Avis Budget Group (CAR), Crocs (CROX), Denny’s (DENN), HomeAway (AWAY), Jack in the Box (JACK), LifeLock (LOCK), Millennial Media (MM), Rubicon Technology (RBCN), Safeway (SWY), Tesla Motors (TSLA), and Veeco Instruments (VECO).

Out of the bunch, we believe Safeway and Tesla will make moves in excess of 10% based on their earnings numbers.

You can also look at these stocks ahead of today’s close as they will be reporting earnings before Thursday’ open:  Alkermes (ALKS), Cyberonics (CYBX), Exact Sciences (EXAS), Sonus Networks (SONS), Toro (TTC), and Walter Industries (WLT).

The Fed minutes are due out shortly and after a green open the market is seeing red ahead of the event.  As much as Janet Yellen talked last week there should be no surprises.  Perhaps the market is a little nervous ahead of the news and could return to pushing resistance afterwards if all is good.  If not, the bears might take a stab at support.

The Dow is currently down 9 points to 16,120 while the S&P 500 is off by 2 points to 1,838.  The Nasdaq is lower by 15 points to 4,257 and the Russell 2000 is declining 5 points to 1,156.

Subscribers, hit the Members Area for the latest updates as we have placed stop targets on some of our positions that are showing profits.

MomentumOptionsTrading.com Midday Update for 2/14/2014

Friday, February 14th, 2014

Bulls Pushing Green Ahead of 3-Day Weekend/ Special Promotion

1:55pm (EST)

We mentioned we would cover strangle option trades in more detail today as we have profiled a number of high double and triple-digit winners over the past several weeks.

The Earnings Section in our Weekly Wrap profiles a bevy of possible option trades based on our research on stocks that could move 10%-20% in a day.

Annie’s (BNNY, $36.26, down $0.66) came into the week at $41.96 and we said to expect a 10% move.  Shares fell to $38 on Tuesday after Monday’s earnings announcement and under $35 on Wednesday and Thursday.  This was a 15% drop.

The February 40 puts (BNNY140222P00040000, $3.50, up $0.20) came into the week at 65 cents and peaked near $5 midweek while the February 45 calls (BNNY140222C00045000, $0.05, flat) were at 50 cents and will likely expire worthless.  The puts and calls together would have cost around $1.15, or $115, on Monday’s open.  At current levels, the trade is up over 200% and could have made over 400% if managed correctly.

Trimble Navigation (TRMB, $37.32, up $0.40) was just under $32 on Monday’s open and we said shares would zoom past $34 or fall below $29 on Tuesday afternoon’s earnings.

We said a great way to play the earnings move was with a strangle option trade with the February 32.50 calls (TRMB140222C00032500, $5.00, up $0.50) and the February 30 puts (TRMB140222P00030000, $0.05, down $0.05).

The February 32.50 calls were at 85 cents and have surged over 400% for the week while the February 30 puts were at 50 cents and will likely expire worthless.  This trade would have cost $1.35, or $135, for one contract of each aforementioned call and put option.  With the calls pushing $5, they have easily offset the loss in the puts.

Another stock that made a monster move was Sketchers U.S.A. (SKX, $35.33, down $0.43).  Shares were up nearly 20% yesterday following their earnings announcement after the move from just under $30 to $36.

We have followed this company for years and have traded it in the past.  We have been both bullish and bearish on the stock.

Shares were at $28.99 to start the week and we mentioned they have been volatile of late.  We also said Sketchers usually makes dramatic moves around earnings and that a strangle (or straddle) option trade might be the best way to play the earnings announcement.

The February 30 calls (SKX140222C00032000, $5.40, down $0.45) came into Monday’s open at 90 cents and soared 314% yesterday after pushing a high of $6.

This trade could have been maxed out for a little more if we had left off the February 28 puts (SKX140222P00028000, $0.05, flat) at 75 cents but we would have wanted them as protection as Sketchers has posted sketchy earnings in the past.

Cliffs Natural Resources (CLF, $23.21, up $1.31) started the week at $20.82 and we talked about their upcoming earnings that would be coming out after Thursday’s close.

The February 22 calls (CLF140222C00022000, $1.35, up $0.50) were at 65 cents on Monday morning and were going for 85 cents into yesterday’s close.  They have traded up to $1.62 today as shares reached $23.50.

The February 19 puts (CLF140222P00019000, $0.04, down $0.12) were at 52 cents.  Although they have taken a hit, this trade would have returned nice double-digits.

We listed a few of these earnings trades in the Daily but many more possibilities in our Weekly Wrap.  We have added more support to our research team that concentrates on stocks that will be making the biggest moves for the week and we have been profiling strangle option trades to make sure everyone is familiar with them and how they work.

We have recommended strangle and straddle option trades in the past for the Weekly Wrap and we will be getting aggressive with them in the coming months and into 2014.

The Weekly Wrap newsletter is supported by a group of talented writers and researchers and has a stunning 93-8 record since inception.  We recently started introducing LEAP trades and we have already had some big winners this year.

We are trying to get the word out on our Weekly Wrap as it lacks the buzz our Daily newsletter creates but packs the same powerful punch. We often group the Weekly Wrap with the Daily 1-year subscription in our yearend December promotion along with our option trading course, How to Trade Options on Momentum Stocks.

The cost for all 3 products would be $2,743.  A discounted yearly subscription to the Daily is $924, and the Weekly Wrap for a year is $924.  The option trading course is $895 and it comes with a library full of past trades videos.

The 2014 edition of the option trading course has already shipped so if you are a current subscriber and have upgraded, you should have the materials by now with a password to view videos.  If you haven’t received them, please email our support team.

Now, we do have extra copies as demand was great and we had to do a second run.  We are going to do the same special through Monday until midnight as a Valentine/ President Day promotion.  The deal is this.

You can upgrade your membership to a 1-year for the Daily and you will receive the Weekly Wrap and the option trading course, at no charge.  We are also taking an extra $125 off!

The Daily Annual Subscription is priced at $789 (Reg. $924) this weekend only!  You can use this coupon code for either the Daily or Weekly 1-year option.

Coupon code:  9AD21

Associate with: Members Area – Annual Recurring Subscription Only $924 for 12 months. Save $240.  NEW PRICE – $789!

To subscribe click here.

The option trading course is shipped to you at no charge.

We also realize some of you may not be able to afford this amount all at once so if you need to make 2 (or 3) payments, email us and we can work with you.  We also take checks.

We are also offering 6-month subscriptions to the Weekly Wrap for 50% off.  This coupon DOES NOT include the Daily or option trading course.

Weekly Wrap 6 Month Recurring 50% off: 

Coupon code:  E7298

Associate with:  Weekly Wrap – 6 Month Subscription Only $462 for 6 months.  You will only be billed $231.

We urge current members to upgrade to this special offer as we will not run another promotion until December.

As far as the market, the action has been mixed as Tech and the small-caps have been lagging but all 4 of the major indexes are showing gains.

The Dow is up 117 points to 16,144 while the S&P 500 is higher by 8 points to 1,838.  The Nasdaq is advancing 4 points to 4,245 while the Russell 2000 is popping a tenth of a point to 1,147.86.

We have some last minute updates before the weekend hits and we will be back Monday night with the Weekly Wrap and on Tuesday morning with the Daily.  Until then, have a great weekend everyone!

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    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.

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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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