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Bulls Snap Losing Streak

Thursday, April 12th, 2012

9:00am (EST)

The bulls got back in the win column on Wednesday after 5 days of heavy selling pressure which pushed the major index lower by 4%. The talking heads were pointing towards Alcoa (AA, $9.90, up $0.58) as being a “catalyst” for the rebound after the company beat Wall Street’s estimates. Really?

This is exactly why we call them “talking heads” because Alcoa accounts for less than 1% of the weighted Dow 30 stocks. In other words, Alcoa was responsible for maybe a point of the Dow’s nearly triple-digit gain yesterday.

We can point to Spain’s bonds falling below 6% which was one of the reasons for the selloff as one of the catalysts for yesterday’s bounce, or better-than-expected economic news. However, we are chartists and after a 4% decline and two waves of support tested, it was time for a small rebound.

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If you are not a subscriber but would like to read more please click here. We closed 6 more winning trades yesterday which gets our 2012 Track Record to 67-13 (84% win percentage) that includes 13 triple-digit winners with gains of up to 400+%! One more time…80 trades, 67 big money option winners.

Tags: AA, big money options, call option trading
Posted in Earnings, Market Analysis, Market Commentary | Comments Off

Market Mixed Following Bearish Week

Friday, March 23rd, 2012

1:25pm (EST)

The bears could get a big win this week if the current action holds of worsens as we head into the second half and last day of trading. The market continues to flash mixed signals as Tech is weak while the blue-chips are higher. We have seen a lot of “sector” rotation during the current bull market run and we would like to see one last surge to our near-term targets but it is hard to call at this point.

April is normally a “bullish” month for the market and even we are starting to feel like a top is in. The bulls have been awfully good to us for the past 4 months but at some point a pullback would be healthy. We could see a dip next week and then one last surge in April before we eventually get a 5%-10% correction and then again we might not.

We still have a slew of open call options but one of our triple-digit winners has been stopped out. We have closed our Clean Energy Fuels (CLNE, $22.75, down $0.52) call option trade for a 110% return after our Hard Stop was hit on the other half. We are 100% sure we will be back at some point in 2012 to trade this name again. We have also profiled the stock in our Weekly Wrap as a covered call trade that recently made our subscribers 27% as well.

We wrote a call option on Clean Energy Fuels back in November when shares were at $11.47 and we were “called-away” when shares closed at $14.03 in January. We were hoping shares would have stayed under the January 14 strike price we sold and when they didn’t, we decided to take the directional call option trade for our Daily newsletter that just made us triple-digits. The momentum in the stock was clear as day.

As you can see, there are numerous and safer way to use options to take advantage of long and short-term moves in a stock. Clean Energy recently hit a 52-week high of $24.75 on Wednesday and shares are simply filling in some gaps following the strong moves it has made.

As far as our other option trades, we have moved some Hard Stops up to lock in even bigger gains should the market retreat further. Again, we are expecting a choppy few weeks as the market figures out its next move and we are at the point where things could go either way.

The good news is we were able to close 2 more winning trades this week which brings our current 2012 Track Record to 54-11 which is an 83% winning percentage. Needless to say, we have been on a roll and you should come join us for the action (and profits!).

As we head to press, the Dow is up 44 points to 13,091 while the S&P is up 4 points to 1,397. The Nasdaq is lower by 3 points to 3,060.

Subscribers, check the Members Area for the updates and pay close attention to our hard stops as there are some adjustments.

We will be back Sunday night with our Weekly Wrap so until then, have a great weekend everyone!

Tags: call option trading, Clean Energy call options, CLNE, index options, strike price meaning
Posted in Hot Stocks, Market Commentary | Comments Off

Market Flat After Push Higher

Wednesday, March 14th, 2012

12:10pm (EST)

The bulls charged higher this morning as the market extended its rally following yesterday’s good news on the banks.

We have been super busy today and we have even more profits to take. Another one of our trades is up 100% which makes 3 triple-digits winners in one-day and we have profits to take on a bullish Pepsico (PEP, $64.30, down $0.04) trade that is up over 60%.

We told you to get another wheelbarrow out in February and we may need another one as the profits continue to pour in for our subscribers.

As we head to press, the Dow is up 16 points to 13,193 while the S&P 500 is off by 2 points to 1,394. The Nasdaq is lower by a point to 3,038.

Subscribers, check the Members Area for the important updates and make sure you read the trade instructions carefully. It has been an incredible day and we will go over all of the details in the morning!

Tags: call option trading, Momentum stocks, PEP
Posted in Hot Stocks, Market Commentary, Option Trades, Strategies | Comments Off

MomentumOptionsTrading.com New Trade for 1/17/2012

Tuesday, January 17th, 2012

11:20am (EST)

For those of you who use our Twitter Alerts, we are adding a NEW TRADE for our DAILY portfolio this morning. We have gotten off to a incredible start for 2012 and we see another great opportunity to make some quick profits. Subscribers, check your email inbox or the Members Area to get the latest updates. As usual, use limit prices to get the best fills.

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If you are not a subscriber but would like to be, please click here. We are one of the fastest growing stock options trading advisors on the internet. We offer powerful call and put option trades aimed at triple-digit returns for our Daily newsletter with a 4-year track record of 70% winners. Our Weekly Wrap Covered Call Portfolio strides for double-digit returns on a monthly basis and ended 2011 with a 16-0 record. Sign-up now and receive access instantly!

Tags: call option trades, call option trading
Posted in Trade Update | Comments Off

Futures Pointing Towards Lower Open

Thursday, March 10th, 2011

9:00am (EST)

The market had a lackluster Wednesday as the bulls and bears battled to basically a draw. Both sides made advances into enemy territory but trading was tight with the bears scoring a light victory when the closing bell sounded.

The Dow slipped a point to close at 12,213 while the S&P 500 fell 2 points and settled at 1,320. The Nasdaq was off by 14 points and finished at 2,751.

Yesterday was the 2-year anniversary of the stock market lows which were caused by the financial crisis that rocked Wall Street and the world. The S&P 500 is the most widely followed index and the benchmark for fund managers has doubled from its 2009 low of 667.

The rally has been amazing to say the least and this three week pause makes since if you step back and look at the run the bulls have had. However, the flip side of that coin is that look at where the market was.

When the market is stuck in a trading range it’s hard not to be emotional because you want the trend you were in to continue. As option traders, trading ranges are the one thing that we don’t like to see because options are time sensitive. However, you can offset this by using longer-term options. In fact, you can purchase options up to 2 years out. This helps keeping your emotions in check and as long as the story doesn’t change for your positions then it is easy to sit tight.

We mentioned that we expected a dull to flat rest of the week and the action from yesterday’s session backed that theory up. We have also seen higher lows from Monday’s test of 1,300 for the S&P and to a degree, higher highs. However, we did get our first Friday-Monday consecutive down days this past week which was the first time this has happened since early January.

Although the lower closes weren’t that major, we mentioned this because it can sometimes give you clues on if a trend is changing.

The current uptrend during this 2-year bull run started in mid-September and there were a couple of times in November where the market had a lower Friday and a lower Monday, but again, the losses were small and another run to new highs followed.

March options expiration week is usually pretty bullish and we are planning for a rally but we know the headwinds will be strong. Oil will continue to move the market but we are hoping the Middle East tensions ease and the “Day of Rage” on Friday by Saudi Arabia turns out to me a minor demonstration.

Tech could rebound on Apple’s (AAPL, $352.47, down $3.29) new release of the iPad 2 and if the Financial sector can continue to show some strength then we might be working with something. However, if the turmoil worsens and oil moves near $110, and Apple iPad sales aren’t as strong, then next week could be our sign the market has peaked for a while.

Futures are lower as we head to press, Dow futures are off by 59 points to 12,115 while the S&P 500 futures are lower by 8 points to 1,307. The Nasdaq 100 futures are down 15 points to 2,295.

Tags: AAPL, call option trading, put option trading
Posted in Apple, Market Analysis | Comments Off

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Our updated 2012 Track Record is now at 85-18 for an 82% win rate. We have closed 24-straight winning option trades since late March!

Despite the recent volatility, we have given more "locks" to our subscribers than a Vegas bookie. If you started with a $10,000 trading account, our CLOSED option picks would have made you over 600% by now. In other words, YOUR $10,000 option trading account would be worth over $70,000 as we have become one of the most powerful option newsletters in the business. Our biggest trade of the year so far was hit in early May when shares of Green Mountain Coffee Roasters (GMCR) fell 50% after an earnings miss which made our subscribers 576% on the put options!

We DON"T count "half" closed trades twice, or "third" closed trades three times like other option newsletters do. Some option services will fluff their Track Records up by using these smoke-and-mirror tricks. They will also "average down" a losing trade in hopes of it coming back then will record the "average" price of the trade when it was really 2 bad trades. Most option websites DON'T have track records and say they give 300% winners. The devil is in the details.

We don't play these types of games which is why we have the most dedicated subscribers in the business because we have earned their trust. We have recommended 103 trades, 85 winners, 18 losers for 2012. Pretty simple and pretty powerful. We also have verified auto-trading partners who trade our recommendations for your account if you cannot watch the market. They will also tell you how good and how honest our service is.

Here are some of our other profitable triple-digit recommendations: Capital One (COF) call options +423% in 8 days, American Express (AXP) call options +310% in under 7 days, magicJack (CALL) call options +80% in 3 days, Microsoft (MSFT) call options +124%, STX call options +100% in 2 weeks, +114% and +131% on 2 MGM Resorts (MGM) call options trades in 3 weeks, +158% on Zynga (ZNGA) call options and +107% in Aflac (AFL) call options in 6 days. We also had a +200% winner with Scientific Games (SGMS). Some of our double-digit gains include +58% on WPRT calls, +80% on TSM and +38% on INT call options.

Our Weekly Wrap is 35-0 since the start of 2011 and is 17-0 for 2012. Some of our winners include +55% on Solazyme (SZYM), +27% on Clean Energy Fuels (CLNE), +38% on Vivus (VVUS), +17% on MGM, +18% on Dendreon (DNDN), and +20% on Darling (DAR). Despite what the suit-and-ties say, you can make incredible gains trading the RIGHT covered calls.

Over the past 5 years we are averaging a 75% winning percentage for all our trades despite volatile, flat and choppy markets. Come see why some of Wall Street's pros are following us instead of the Journal!

Here are some of our profitable 2011 recommendations: ORLY call options +191%, VMW call options +100%, JOYG call options +169%; GS put options +184%; FDX put options +164%; OXY put options +74%; +137% on RIMM put options, +1,167% on RMBS puts in 11 days, +296% on FCX calls; +157% on ZAGG calls; +110% on LNKD puts; +133% on RLD put options.

You can also request our Track Records to see all years by entering your email address which will allow you access to the portfolios.

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 2008-2011 Track Records by sending us an email or filling out the box below. 665 Total Trades; 459 WINNERS or 7-out-of-10.

REGINA L.
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.

STEVE T.
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.

SCOTT H.
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.

PETER G.
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

LAWRENCE O.
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.

C.J.
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!

SHAUN
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!

MICHAEL K.
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.

PARAG P.
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!

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

MIKE
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.

TRISH D.
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.

MIN L.
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!

JOE G.
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!

GREG F.
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.

NOEL
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.

TODD F.
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.

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

NOEL
“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. :) ”

CHRISTIAN
“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.”

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

CHARLES M.
“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.”

BRYAN C.
“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.”

JOHN H.
“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.”

JEFFREY
“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.”

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

GREG
“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.”

KEN
“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.”

GARETT
“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.”

TERENCE
“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.”

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.

Posts Tagged ‘call option trading’

Bulls Snap Losing Streak

Market Mixed Following Bearish Week

Market Flat After Push Higher

MomentumOptionsTrading.com New Trade for 1/17/2012

Futures Pointing Towards Lower Open