Momentum Options Trading Blog
Daily market updates at 9am & 1pm EST
Blog Roll

Posts Tagged ‘option trading newsletter’

Big Monday/ Week for Bulls

Monday, April 14th, 2014

9:00am (EST)

The bulls came into the week on the brink as the pullback from the previous Friday continued into Monday.  With economic news light and 1Q earnings starting the following day, Wall Street wanted no part of the dip buying as a number of slick talking pros said THIS would be the selloff the market has needed to see.

We talked about the wiggle room the bulls had coming into the week and although support was “stretched” into Tuesday, we mentioned there were bullish signs developing as the bulls cut their losses into the close.

The suit-and-ties called the rebound a “dead cat” bounce and were still cautious ahead of the Fed’s meeting minutes on Wednesday but they were wrong.  The market rallied on the Fed minutes to clear resistance that served as prior support.

Thursday’s session started flat despite a fantastic jobless claims number and we figured there would be a back test to support – but it got ugly.  There bears pushed Tuesday’s lows and then some leading to Friday’s climatic rush to safety.  We mentioned the bulls were on the brink and the bears threw in the kitchen sink as the indexes closed at key support levels.

This week promises to be just as exciting as the bulls will try to counter with what’s left in their arsenal heading into the heart of 1Q earnings season. (continued…)



We have returned some incredible gains to start 2014 and continue to provide the BEST options trades in the business.  Take a look at these gains and get on board now to get instant updates:

Our top winning option recommendations in 2014 so far have been short of jaw-dropping to say the least:

+817% Galen Biopharma (GALE) call options

+250% World Wide Wrestling (WWE) calls

+183% Ariad Pharmaceuticals (ARIA) calls

+108% Galen Biopharma (GALE) calls (piggy-back trade)

+103% Aruba Networks (ARIA) call options

+82% WhiteWave Foods (WWAV) LEAP calls

+60% Ingersoll-Rand (IR) call options

+59% Philip Morris (PM) put options


If you are not a subscriber but would like to get more, real-time trades, please click here.  We are one of the fastest growing stock options trading advisors on the internet.  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.   If you are new to options or have questions on our style of trading or subscriptions, give us a call to speak to a live trader during market hours.

Blue-Chips Looking to End 2-Week Slide/ New Trade!!!

Friday, January 17th, 2014

1:00pm (EST) 

Futures were choppy throughout the morning as economic and earnings news have dominated the headlines.  Much of the chatter has been mixed with good and bad company numbers and mostly positive economic news.

It has been a volatile week and perhaps today’s action stays tight as Wall Street prepares for a 3-day weekend.  The market is closed on Monday in observance of Martin Luther King Jr. Day and traders are unlikely to commit long or short as the indexes continue to dance in a 4-week trading range.

Trading ranges can be tricky to trade so it’s best to limit your exposure until there is a breakout or breakdown out of a range.

The Dow is up 67 points to 16,483 while the S&P 500 is off a point to 1,845.  The Nasdaq is lower by a 6-pack to 4,212.

We have some last minute updates for our current trades as we head into the second half of trading and we have a New Trade as well on a stock we have already made 56% on this year playing call options.

We could have additional Trade or Profit Alerts into the close in case the action heats up but if you don’t hear from us we will be back Monday night with the Weekly Wrap and Tuesday morning with the Daily.  Until then, enjoy the 3-day weekend everybody!

Netflix (NFLX) Slips/ Apple (AAPL) After the Bell/ New Trade!!!

Tuesday, July 23rd, 2013

12:05pm (EST)

The market pushed new highs on the open but the action has simmered as we head into the second half of trading.  Economic news has been light and all has been quite on the zombie from although there was some political rhetoric today on Obama’s upcoming speech on the economy.  Yawn.

For the most part, we said earnings would take center stage this week, and they too, have been mixed for the most part.

Shares of Netflix (NFLX, $249.96, down $12.03) are taking a hit following a “disappointing” earnings report after the close on Monday.  The stock has been on an amazing run since its breakout in January from $97 to $169 in 3 trading sessions and had reached $270 last Thursday before today’s pullback.  As always, Wall Street wanted more.

To be clear, the numbers were great but the slick talking pros wanted to see more growth in their subscriber base.  The company reported 2Q profits of $29.5 million, or $0.49 share, versus $6.2 million, or $0.11 a share, in the the year ago quarter.  Wow.  The suit-and-ties were looking for profits $0.40 a share on revenue of $1.09 billion which was matched.

The company gave a wide range for 3Q earnings of $0.35-$0.60 a share for a midpoint of $0.48 a share but they were higher than current forecasts.  Analysts on average have penciled in $0.45 a share for the current quarter.  Netflix added 630,000 U.S subscribers for the quarter but traders were looking for numbers north of 800,000.  Global growth was decent and the company is going after new markets so we still think shares can reach $300 at some point this year as long as $200 holds.

Meanwhile, Apple (AAPL, $424.18, down $2.13) will report their numbers after the close today.  Estimates are all over the map and we have no idea where shares could trade in after-hours or on Wednesday’s open.  What we do know is Mac sells are rumored to have dropped off a cliff but iPhone sales and activations could surprise to the upside.  If we had to flip a coin, we would say heads up and the possibility of shares moving higher but any pullback to $400-$380 should be viewed as a buying opp.

As far as the major indexes, the blue-chips have shown some strength and are up 14 points to 15,559.  More importantly, the Dow has triggered 15,600.  The S&P 500 is down 3 points to 1,692 after peaking at 1,698.78.  The Nasdaq is down a dirty dozen to 3,587 and is holding 3,575.  The Russell 2000 is off a point to 1,052.

We mentioned this morning we would have a New Trade and after watching the action beyond the open, we are taking a position in call options as shares could move from a current $10.34 to $12.50 over the next few months.  Subscribers, check the Members Area for the current updates and our latest recommendation.  We could have a few New Trades for the Weekly Wrap in the next hour so stay locked-and-loaded.

Market Mixed, Support Holding

Monday, September 10th, 2012

12:30pm (EST)

We did a lot of chart work over the weekend and we have been pretty busy this morning.  For those of you who don’t like to look at charts, we encourage you to go to the Members Area today to take a peak.  It will help you with trading and keeping your emotions in check.

We have been spot on in calling market direction and from the charts, the bulls are in control.  If we start the think about headline risk, the bears are due for an attack and all we can do is prepare for it if and when it comes.  The market should trade in a tight range up until Wednesday which is when we expect volatility to pick up.

In the meantime, it is a stock picker’s market which is how we like it.

There are a number of headlines we could cover but we will do that in the morning as we want to take some time to talk about our current trades today.

The market started today’s session lower and has traded into positive territory before turning south as we head to press.  The Dow is up 2 points to 13,307 while the S&P 500 is lower by 2 points to 1,436.  The Nasdaq is off 14 points to 3,122.

Subscribers, check the Members Area for the New Trade updates.

Caterpillar (CAT) Throws Bulls a Life Jacket

Wednesday, July 25th, 2012

1:00pm (EST)

The market got an opening pop following better-than-expected earnings from Caterpillar (CAT, $80.98, down $0.45) but the rally in the blue-chips have quickly lost steam.  The bears focused their attack on Apple (AAPL, $573.63, down $27.29) and Tech at the open and weren’t too worried about the few bulls who have tried to escape.

Caterpillar reported a profit of $2.54 a share on revenue of $$17.4 billion.  Wall Street was looking for $$2.28 a share on $17.1 billion.  Shares were up 5% on the news and reached a high of $85.45 before giving back their gains as well. 

Here is the interesting story.  There are nearly 50 analysts who cover Apple and have a rating on the stock, and not one of them forecast Apple’s big miss.  There are 20 knuckleheads who follow Caterpillar and not one of them felt comfortable issuing a “Buy” rating ahead of the earnings announcement.

Now that the numbers are out, Wells Fargo (WFC, $33.13, down $0.10) maintained its “Outperform” rating on Caterpillar and said the stock should react well.  Remind us to check to see where shares of CAT are at in a few weeks following Wells reiteration rating.

We do have some great news for one of our current trades as Aetna (AET, $35.28, down $1.79) has hit a triple-digit return.  We have been calling for a near-term test to $36 and shares have finally reached out first target.  Our longer-term test is for a drop to $32 but we want to lock-in at least half profits on the 100% return so that we can play the rest of the trade with the house’s money.

As we head to press, the Dow is up 47 points to 12,664 while the S&P 500 is off a point to 1,337.  The Nasdaq is lower by 7 points to 2,855.

Subscribers, check the Members Area for the updates.      

« Older Entries
Weekly Wrap Subscription

    Stop Missing Out!
    Real-time trades and detailed stock market analysis for the past week and week ahead.

Follow us on Facebook
Follow us on Twitter

Biggest Winners

    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 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 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 –

    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-

    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


    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

    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


    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

Follow us on Twitter