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

Posts Tagged ‘Walt Disney option trade’

Market Looks Strong

Friday, March 5th, 2010

1:00pm (EST)

The bulls are putting an explanation point on this week’s rally as the market continues to move higher.  We got all the news we needed this morning when the U.S. jobs declined less than expected.  The report is still subject to debate and there are probably a few skeletons in the closet but the “here and now” is that the market is rocking. 

The Dow is currently up 83 points to 10,527 while the S&P 500 is higher by 11 points to 1,135.  The Nasdaq continues to shine and is showing a pop of 27 points as it stands at 2,319.

We said in our Weekly Wrap that the market could continue to climb a “wall of worry” and this seems to be the case.  We have covered a bunch of stocks this week and we have closed several nice trades in our Members Area.  Our subscribers closed a F5 Networks (FFIV, $61.13, up $0.43) trade on Wednesday for a 150% gain and a Cree (CREE, $69.13, up $0.06) call option trade for nearly 30% gains.

ffiv_030510

There were two stocks we followed outside the Members Area this week that are also on a roll. 

Walt Disney (DIS, $33.00, up $0.43) got an upgrade a day after these quotes from us on Wednesday:

“Walt Disney led the Dow higher and looks like it wants to challenge its 52-week high of $32.75.  We have followed Disney for years and we usually have pretty good success playing call options on the stock.  In September 2009, we grabbed our subscribers 72% on a call option trade and we recently closed out another trade for a small 12% win.  In other words, there could be a trade here if Disney continues higher.” (END) 

dis030510

We wanted to add some call options on Disney to our portfolio but we held off when the stock popped yesterday.

The other company we want to talk about is TiVo (TIVO, $17.38, up $0.85).  We did a big write-up yesterday because there has been a story developing at TiVo since June 2009 that we have been covering like grass on dirt.  We profiled 3 options yesterday in our 1pm update that could have easily paid the bills this month:

The March 10 calls (TUK100320C00010000, $7.40, up $0.80) were at $5.70 in our 1pm update yesterday and you could close them now for a 30% gain.  Remember, these options opened at $1.05 on Thursday.  The total gain from yesterday’s open would be a staggering 600%. 

The March 11 calls (TUK100320C00011000, $6.60, up $2.00) were at $4.50 and are up another 48% today.

tivo030510b

For our Kenny Rogers fans, the “Gambler” trade we profiled, the March 17.50 calls (TUK100320C00017500, $0.75, up $0.20), are up nearly 40%.  Over 53,000 contracts traded hands on Thursday.  Wow.

We mention this because these types of trades are what makes option trading so lucrative and why we spend so much time on research.  We also wanted to PROVE to people that YOU can make this much money on a single option trade. 

We often hear people laugh when we tell them they can make this much money when using options in the stock market because they don’t believe us.  People think we are full of sheet.  The talking heads say the same thing but we keep it real and here is the devil in the details on where they are wrong.

In 2009, our subscribers made 550% on a Google (GOOG, $563.41, up $8.82) call option trade and a 1,150% on a Research In Motion (RIMM, $68.89, down $0.09) call play.

The point is, we want you in on the action and we want you to trade with us for the long-term.  Often times we have subscribers sign up and then cancel after a month because we may have profiled a losing trade.  Folks, we are going to have them but we have a track record for a reason.  We try to teach patience and when the market is in a rhythm the profits can be super great.  The losers suck but the winners make up for that.

We see more juicy trades on the horizon weather the market continues higher or has a sudden reversal.  However, we think next week could be another bull run.  We will be back Sunday night with the Weekly Wrap with some fresh ideas and a look at next week’s action.  We will also be updating all of the CLOSED trades for our 2010 Portfolio so that you can view our results.  Current subscribers, check the Members Area for the HOT updates.

Try our directional option picks.
    No fancy spreads. No iron condors. No need to watch the markets all day long.

Year Profits
2010 7.87%
annualized
2009 90.04%
2008 136.01%
Results are NOT compounded.

FREE OPTION PICKS
TRACK RECORD.
Nothing fancy. Just simple calls and puts. Click on PDF links below.

2010 Option
Trading Results

2009 Option
Trading Results

2008 Option
Trading Results

Trader Comments:

    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.”

Follow us on Twitter