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Posts Tagged ‘Bullish Options strategies’

Can GrubHub (GRUB) Continue the Upside Momentum?

Monday, September 3rd, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

The Terry’s Tips portfolio that takes actual positions in most of these weekly ideas has gained 88% (after commissions) so far in 2018, taking all the completed gains and losses into consideration.  The portfolio currently has five spreads in place, and all of the underlying stocks are trading at a price which is higher than the max gain bogey price, so we are looking for even better results going forward.

Terry

Can GrubHub (GRUB) Continue the Upside Momentum?

GrubHub’s stock price recently broke to record highs and these two analysts are optimistic there’s further growth ahead – Why GrubHub Is a Better Growth Stock Than Starbucks and Is GrubHub (GRUB) Outperforming Other Computer and Technology Stocks This Year?

GRUB fell into a consolidation in the first half of August after turning from resistance around $138.  The stock price regained some upside momentum in the second half of the month, breaking both above resistance and to fresh record highs.  The horizontal level is now seen as support in the event of a near-term pullback.  The higher time frames show a clearer outlook as the weekly chart shows a distinct upward continuation from the prior consolidation.  On a Monthly chart, the stock closed near highs which indicates strength.  As well, it managed to do so despite a long tail on the prior candle which suggests the selling pressure in late July was temporary.

GRUB Chart August 2018

GRUB Chart August 2018

If you agree there’s further upside ahead for GRUB, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.

Buy To Open GRUB 05OCT18 141 Puts (GRUB181005P141)
Sell To Open GRUB 05OCT18 144 Puts (GRUB181005P144) for a credit of $1.33 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when GRUB was trading near $144.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $130.50 and your broker would charge a $300 maintenance fee, making your investment $169.50 ($300 – $130.50).  If GRUB closes at any price above $144 on October 05, both options would expire worthless, and your return on the spread would be 77% (878% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates August 30, 2018

IBD Underlying Updates August 30, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Consider RealPage (RP) Following the Technical Break

Monday, August 27th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

At Terry’s Tips, we have a portfolio that actually trades most of the ideas we share here.  The portfolio has experienced some losses along the way, but so far in 2018, it has recorded an 82% gain after paying all commissions.

Terry

Consider RealPage (RP) Following the Technical Break

RealPage has received some positive new coverage as of late, take a look at – What Investors Should Know About RealPage Inc’s Financial Strength and RealPage(RP) Price Target Raised to $67.00 at KeyCorp

On Friday, RP broke higher from a bullish flag pattern that had been forming for nearly four months.  The pattern suggests the stock is ready to resume its momentum-driven rally, and break to new record highs.  Adding strength to the technical outlook for RP is a 15-month rising trendline which held the stock higher during the recent correction.  The length of time the trendline has remained intact reaffirms the momentum remains strongly to the upside for RealPage stock.

RP Chart August 2018

RP Chart August 2018

*source Tradingview.com

If you agree there’s further upside ahead for RP, consider this trade which is a bet that the stock will continue to advance over the next four weeks, or at least not decline very much.

Buy To Open RP 21SEP18 55 Puts (RP180921P55)
Sell To Open RP 21SEP18 60 Puts (RP180921P60) for a credit of $1.08 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when RP was trading near $61.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $105.50 and your broker would charge a $500 maintenance fee, making your investment $394.50 ($500 – $105.50).  If RP closes at any price above $60 on September 21, both options would expire worthless, and your return on the spread would be 27% (428% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates August 23, 2018

IBD Underlying Updates August 23, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Monolithic Power Systems (MPWR) Poised to Break to Record Highs

Sunday, August 19th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Monolithic Power Systems (MPWR) Poised to Break to Record Highs

There have been some recent price target upgrades for MPWR that suggest the stock still has some further upside.  Here are two of them – Monolithic Power Systems (MPWR) PT raised to $155 at Needham & Company and Brokerages Set Monolithic Power Systems, Inc. (MPWR) PT at $148.38.

The daily chart for MPWR shows three attempts at upside resistance found near $142.  As triple top patterns are rare, even more so with strong uptrends like the one seen in MPWR, and upside break appears highly likely.  As well, often stop losses get accumulated above notable horizontal levels.  Once triggered, these stops provide fuel for a momentum-driven rally.  The stock looks to be well supported as it recently recovered back above its 50-day moving average following a brief correction and has been consolidating in a range between prior highs and the 50 DMA.

MPWR Chart August 2018

MPWR Chart August 2018

*source Tradingview.com

If you agree there’s further upside ahead for MPWR, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.

Buy To Open MPWR 21SEP18 135 Puts (MPWR180921P135)
Sell To Open MPWR 21SEP18 140 Puts (MPWR180921P140) for a credit of $1.68 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when MPWR was trading near $142.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $165.50 and your broker would charge a $500 maintenance fee, making your investment $334.50 ($500 – $165.50).  If MPWR closes at any price above $140 on September 21, both options would expire worthless, and your return on the spread would be 50% (570% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates August 16, 2018

IBD Underlying Updates August 16, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Match Group (MTCH) Surges to Record Highs, What’s Next?

Monday, August 13th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Match Group (MTCH) Surges to Record Highs, What’s Next?

Match Group broke to record highs in the past week and several analysts believe there is more upside, here are two of them – Match Group Is Still Undervalued and Wall Street is Falling in Love With Match Stock.

The main focus from a technical perspective is the upside momentum triggered by the recent earnings beat.  MTCH climbed above major resistance that is found between $47.00 and $48.65 to trade to record highs.  Recall that the stock traded in this resistance area ahead of the steep fall on news of Facebook launching a new dating service at the start of May.  In the process of breaking to new highs, a succession of higher highs and lower highs has materialized from the May low.  As often seen, the prior resistance area is now considered strong support, suggesting that dips in the stock will be short-lived.

MTCH Chart August 2018

MTCH Chart August 2018

*source Tradingview.com

If you agree there’s further upside ahead for MTCH, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.

Buy To Open MTCH 21SEP18 47 Puts (MTCH180821P47)
Sell To Open MTCH 21SEP18 50 Puts (MTCH180821P50) for a credit of $1.03 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when MTCH was trading near $51.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $100.50 and your broker would charge a $300 maintenance fee, making your investment $199.50 ($300 – $100.50).  If MTCH closes at any price above $50 on September 21, both options would expire worthless, and your return on the spread would be 50% (468% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates August 9, 2018

IBD Underlying Updates August 9, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Globus Medical (GMED) Offers an Appealing Entry Point

Sunday, August 5th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Globus Medical (GMED) Offers an Appealing Entry Point

Several analysts are looking for more upside in GMED, take a look at these two analysts who have recently revised up their upside targets – Oppenheimer Analysts Give Globus Medical a $57.00 Price Target and Let’s Make Some Money With Globus Medical.

From a technical perspective, GMED is seen pulling back in the past few sessions to a well-respected horizontal level found at $52.35.  The level has previously acted as both resistance and support, including during a gap down in June.  In addition to the horizontal level, the 200-day moving average is in play and held the stock higher on a dip late in the week.

GMED Chart August 2018

GMED Chart August 2018

*source Tradingview.com

If you agree there’s further upside ahead for GMED, consider this trade which is a bet that the stock will continue to advance over the next seven weeks, or at least not decline very much.

Buy To Open GMED 21SEP18 50 Puts (GMED180921P50)
Sell To Open GMED 21SEP18 52.5 Puts (GMED180921P52.5) for a credit of $0.89 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when GMED was trading near $52.50.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $86.50 and your broker would charge a $250 maintenance fee, making your investment $163.50 ($250 – $86.50).  If GMED closes at any price above $52.50 on September 21, both options would expire worthless, and your return on the spread would be 53% (403% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates August 2, 2018

IBD Underlying Updates August 2, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Should You Buy the PayPal (PYPL) Earnings Dip?

Monday, July 30th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Should You Buy the PayPal (PYPL) Earnings Dip?

PayPal recently reported earnings and this Zack’s article outlines why the stock price dipped despite beating estimates.  Also, an author on Seeking Alpha outlines why the decline following earnings can be viewed as a merely a speed bump in the broader bullish trend.

PYPL did close earlier on the day after the earnings announcement, however, the bulk of last week’s decline took place on Friday as the markets reacted to US GDP figures and weak earnings in other technology stocks.  This left PayPal stock at a major support confluence to end the week.  The confluence consists of a horizontal level at 85.45 which was major resistance in the first quarter now turned to support, as well as the lower bound of a rising trend channel that originates from a low posted in early May.  Although there was some momentum behind Friday’s decline, recent price action has not altered the bullish technical outlook for PYPL.

PYPL Chart July 2018

PYPL Chart July 2018

If you agree there’s further upside ahead for PYPL, consider this trade which is a bet that the stock will continue to advance over the next five weeks, at least a little bit.

Buy To Open PYPL 31AUG18 83 Puts (PYPL180831P83)
Sell To Open PYPL 31AUG18 85.5 Puts (PYPL180831P85.5) for a credit of $0.98 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when PYPL was trading near $85.50.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $95.50 and your broker would charge a $250 maintenance fee, making your investment $154.50 ($250 – $95.50).  If PYPL closes at any price above $85.50 on August 31, both options would expire worthless, and your return on the spread would be 62% (707% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates July 26, 2018

IBD Underlying Updates July 26, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Palo Alto Networks (PANW) Breaks to Record Highs, What’s Next?

Sunday, July 15th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Palo Alto Networks (PANW) Breaks to Record Highs, What’s Next?

Palo Alto Networks has seen a remarkable rise in its stock price over the last few years and several articles on The Motley Fool suggest there will be further upside.  Here are the latest two – Palo Alto Networks’ Bull Run Probably Won’t Be Ending Anytime Soon and Forget Cryptocurrencies: You’re Better Off Buying These 3 Stocks.

On a daily chart, PANW appears to be consolidating in a range since around the middle of May.  However, a closer look reveals a notable technical break.  Range support near $200 wasn’t just important because of the psychological implications, the level also triggered a sharp turn in 2015 that led to a two-year correction.  Although there have been marginal breaches below the level since the stock price initially climbed above it a few months ago, bears have been unable to drive the stock price below it on a sustained basis.  To the upside, resistance near $216 had capped rallies in June but the recent bullish break of the level suggests the uptrend has resumed.

PANW Chart July 2018

PANW Chart July 2018

*source Tradingview.com

If you agree there’s further upside ahead for PANW, consider this trade which is a bet that the stock will continue to advance over the next six weeks, or at least not decline very much.

Buy To Open PANW 24AUG18 212.5 Puts (PANW180824P212.5)
Sell To Open PANW 24AUG18 215 Puts (PANW180824P215) for a credit of $0.95 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when PANW was trading near $216.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $92.50 and your broker would charge a $250 maintenance fee, making your investment $157.50 ($250 – $92.50).  If PANW closes at any price above $215 on August 24, both options would expire worthless, and your return on the spread would be 59% (552% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates July 12, 2018

IBD Underlying Updates July 12, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Micron Technology (MU) Dips To Support, Is It a Buy?

Sunday, July 8th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Micron Technology (MU) Dips To Support, Is It a Buy?

Micron Technology stock has been impacted by negative headline news as of late but these following two articles make a strong case for why this news is not likely to cause bearish pressure for the stock price moving forward.  Micron’s China Woes May Not Be the Disaster Investors Thought and Micron Technology is rebounding after saying China ban will have minimal impact.

MU has been correcting lower since the end of May but is seen trading near an important technical inflection point, and has already shown signs of buyer’s protecting the area.  The support area is derived from a rising trendline that originates back to a low printed in August last year as well as a horizontal level at $49.62.  The rising trendline last triggered a bounce in May which led to a break to record highs.  The horizontal level carries psychological properties as it falls near $50.  The level acted as major resistance in late 2017 and is now seen as support.

MU Chart July 2018

MU Chart July 2018

*source Tradingview.com

If you agree there’s further upside ahead for MU, consider this trade which is a bet that the stock will continue to advance over the next six weeks, or at least not decline very much.

Buy To Open MU 17AUG18 50 Puts (MU180817P50)
Sell To Open MU 17AUG18 52.5 Puts (MU180817P52.5) for a credit of $0.98 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when MU was trading near $53.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $95.50 and your broker would charge a $250 maintenance fee, making your investment $154.50 ($250 – $95.50).  If MU closes at any price above $52.50 on August 17, both options would expire worthless, and your return on the spread would be 62% (580% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates July 5, 2018

IBD Underlying Updates July 5, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Consider Integrated Device Technology (IDTI) Following the Correction

Sunday, July 1st, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

Terry

Consider Integrated Device Technology (IDTI) Following the Correction

Several analysts are expecting further upside for Integrated Device Technology, here are two of them – What the market is missing about Integrated Device Technology and Two worthy stocks for investors: Hovnanian Enterprises, Integrated Device Technology.

IDTI Chart June 2018

IDTI Chart June 2018

IDTI has been correcting lower over the past two weeks and is now seen trading at some important technical support.  Specifically, the stock is seen bouncing from a horizontal level residing at $31.30.  This level was notably important through several gaps that took place in late 2017 and earlier this year.  As well, the stock price is near the 200-day moving average, an indicator it has not traded below on a sustained basis in about two years.

If you agree there’s further upside ahead for IDTI, consider this trade which is a bet that the stock will continue to advance over the next three weeks, at least a little bit.

Buy To Open IDTI 20JUL18 29 Puts (IDTI180720P29)
Sell To Open IDTI 20JUL18 32 Puts (IDTI180720P32) for a credit of $0.69 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when IDTI was trading near $32.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $66.50 and your broker would charge a $300 maintenance fee, making your investment $233.50 ($300 – $66.50).  If IDTI closes at any price above $32 on July 20, both options would expire worthless, and your return on the spread would be 28% (568% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates June 28, 2018

IBD Underlying Updates June 28, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Lululemon (LULU) Stock Price Surges Following Earnings

Sunday, June 24th, 2018

This week we are looking at another of the Investor’s Business Daily (IBD) Top 50 List companies.  We use this list in one of our options portfolios to spot outperforming stocks and place option spreads that take advantage of the momentum.

I thought I might share with you the first paragraph of this week’s report to our paying subscribers – “Bad Week for the Market (Down 1%), But Our Composite Portfolio Average Gains 5% Thanks to Blow-Out Week for Wiley Wolf (up 47%): A week ago, we were celebrating a 26.5% gain in Wiley Wolf when FB gained 3.6%, but that was nothing compared to this week’s colossal 47.6% gain on a 3.0% rise in the stock.  In two weeks, the portfolio has moved from a value of $4,472 to today’s $8,353.  The 10K Strategy can deliver extraordinary results when you are leaning to the bullish side and the underlying cooperates by going up (which you expect it to do or you wouldn’t have selected that stock in the first place).  Positive results from this strategy also appeared this week in Rising Tide where the portfolio gained 10% while the underlying MA rose 1%.”

I hope you enjoy this week’s trading idea.

Terry

Lululemon (LULU) Stock Price Surges Following Earnings

LULU rose to record highs earlier this month following its earnings report.  Several analysts think the stock can go a lot higher, here are two of them – Was Lululemon Athletica Inc’s Earnings Growth Better Than The Industry’s? and 7 Debt-Free Companies Doing Big Stock Buybacks

Lululemon Athletica’s stock price gapped higher following the earnings announcement, reaching a high just shy of the $130 handle.  Momentum has slowed somewhat, yet the technicals remain supportive as the stock trades within a rising up channel and has held above it’s 20-day moving average.

LULU Chart June 2018

LULU Chart June 2018

If you agree there’s further upside ahead for LULU, consider this trade which is a bet that the stock will continue to advance over the next five weeks, or at least not decline very much.

Buy To Open LULU 27JUL18 120 Puts (LULU180727P120)
Sell To Open LULU 27JUL18 124 Puts (LULU180727P124) for a credit of $1.48 (selling a vertical)

This price was $0.02 less than the mid-point of the option spread when LULU was trading near $124.  Unless the stock rallies quickly from here, you should be able to get close to this amount.

Your commission on this trade will only be $2.50 per spread (the rate charged by thinkorswim for Terry’s Tips’ subscribers).  Each contract would then yield $145.50 and your broker would charge a $400 maintenance fee, making your investment $254.50 ($400 – $145.50).  If LULU closes at any price above $124 on July 27, both options would expire worthless, and your return on the spread would be 57% (650% annualized).

Changes to Investor’s Business Daily (IBD) Top 50 This Week:

IBD Underlying Updates June 21, 2018

IBD Underlying Updates June 21, 2018

We have found that the Investor’s Business Daily Top 50 List has been a reliable source of stocks that are likely to move higher in the short run.  Recent additions to the list might be particularly good choices for this strategy, and deletions might be good indicators for exiting a position that you might already have on that stock.

As with all investments, you should only make option trades with money that you can truly afford to lose.

Happy trading,

Terry

Making 36%

Making 36% — A Duffer's Guide to Breaking Par in the Market Every Year in Good Years and Bad

This book may not improve your golf game, but it might change your financial situation so that you will have more time for the greens and fairways (and sometimes the woods).

Learn why Dr. Allen believes that the 10K Strategy is less risky than owning stocks or mutual funds, and why it is especially appropriate for your IRA.

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Success Stories

I have been trading the equity markets with many different strategies for over 40 years. Terry Allen's strategies have been the most consistent money makers for me. I used them during the 2008 melt-down, to earn over 50% annualized return, while all my neighbors were crying about their losses.

~ John Collins