ETF-OPTIONS

ETF-OPTIONS Updated 

SO MANY OF YOU AND OUR NEW SUBSCRIBERS ARE GOING TO SEE US HANDLE THIS GAP DOWN TODAY! WE ARE IN CALLS AND WE SOLD A PARTIAL OF OUR POSITION AT THE CLOSE YESTERDAY, SO WE ARE GOING TO BE IN A LOSING POSITION AT THE OPEN ON OUR REMAINING POSITION WEDNESDAY OPEN WILL PROBABLY OPEN UNDER TUESDAY'S LOW...SO HOW WILL WE HANDLE THIS SCENARIO? DO WE THINK MARKET...

ETF-OPTIONS Updated 

OUR MODEL WAS PREDICTING THAT LAST WEEKS LOW WOULD BE BROKEN, AND MONDAY FULFILLED THAT PREDICTION! OUR MODEL WAS SIGNALING TO BUY CALLS AS MONDAY LOW APPROACHED...BUT WE RATIONALIZED THE UNCERTAINTIES OF THE WEEK BEFORE THE ELECTION AND DECIDED TO HOLD OFF ON ANY CALL BUYING. MONDAY CLOSED $3.00+ ABOVE MONDAY'S LOW AND IT LOOKS LIKE QQQ WILL OPEN TUESDAY UP...

ETF-OPTIONS

LAST WEEK BEFORE AN ELECTION IS USUALLY NOT BULLISH. THIS WEEK WE HAVE MOST OF THE BIG BROTHERS REPORTING!!! WHAT OUR MODEL IS PREDICTING IS A LOWER LOW THEN LAST WEEK (280.82) MONDAY'S OPEN IS LOOKING WEAK, AND THAT WILL GIVE THE QQQ'S THE CATALYST TO TACKLE LAST WEEKS LOW QUICKLY! LOOKING FOR MORE VOLATILITY AGAIN THIS WEEK, SO BEING NIMBLE WILL BE AT A...

ETF-OPTIONS Updated 

THE MODEL PREDICTED THAT MONDAY'S LOW WOULD NOT HOLD, AND IT WAS CONFIRMED THURSDAY! WE DID NOT BUY PUTS YESTERDAY, BUT WE DID BUY CALLS ON THE HUGE DROP. OUR 284 CALL TRADE MADE OVER 100% ROI!!! THURSDAY'S BOUNCE WAS SIGNIFICANT, AND IT WORKED ITS WAY BACK TO UNCHANGED AT THE CLOSE...NICE BOUNCE! FRIDAY TRADE: IF 1ST 30 MINUTES FRIDAY HIGH > 285.98: WE...

ETF-OPTIONS

LET'S FACE IT THE MARKET HAS BEEN HAVING SOME WEIRD PATTERNS DEVELOP! LAST WEEK THE QQQ'S BROKE A RECORD...FRIDAY LOW FOR THE WEEK, BUT THAT LOW WAS ABOVE PREVIOUS WEEK'S HIGH (288.15 LOW AND 285.79 HIGH) NOW THIS WEEK ITS THURSDAY AND THE LOW AND HIGH FOR THIS WEEK IS MONDAYS RANGE. NOW IN 14 YEARS OF DATA THAT HAS HAPPENED 3 TIMES...SO YES IT COULD HAPPEN...

ETF-OPTIONS Updated 

UNLESS WED HIGH BREAKS ABOVE TUE HIGH AND ACCEPTS THE HIGHER LEVEL THE QQQ'S ARE GOING TO ROLL OVER AND TARGET A LOW BELOW MONDAY'S LOW 282.79. TUESDAY'S RANGE WILL BREAK TODAY! IN 2020 THERE HAS BEEN ONLY 2 (2/42=5%) WEEKS WHERE WEDNESDAY HIGH WAS BELOW MONDAYS OPEN (MOP)...AND BOTH THOSE WEEKS WERE MONDAY HIGH WEEKS! OUR MODEL HAS BEEN FIGHTING THE TAPE SINCE...

ETF-OPTIONS Updated 

ONE OF OUR SUBSCRIBERS BOUGHT PUTS MONDAY WHEN THE 1ST 15 MINUTE BAR WAS BROKEN AND IMMEDIATELY REJECTED! TO SAY THE LEAST THAT WAS A PERFECTLY TIMED TRADE! WE DID NOT BUY PUTS AND WE WAITED... AND WAITED... AND WAITED FOR A BOTTOM TO BUY CALLS AND WITH LESS THAN 30 MINUTES LEFT IN THE TRADING SESSION WE FINALLY GOT THE BOTTOM WE WERE WAITING FOR AND BOUGHT...

ETF-OPTIONS Updated 

AS OF 30 MINUTES BEFORE OPEN QQQ @ 290.40 (ALMOST $2.00 GAP) WE ARE GOING TO BE PATIENT AND LET THE FIRST 30 MINUTES RANGE SETUP IF MONDAYS LOW IS < -$1.00 BELOW MONDAYS OPEN (MOP) WE WILL BE BUYING THE OCT 23RD 294 CALLS (UNDER $2.30) IF MONDAYS LOW IS > -$1.00 BELOW MOP THAN WE WILL CONTINUE TO BE PATIENT AND LOOK TO BUY THE CALLS AFTER 1PM(CENTRAL TIME) OR...

ETF-OPTIONS Updated 

THURSDAY WAS AN UGLY GAP DOWN! THE POSITIVES FROM THURSDAY WAS THAT IT CLOSED $3.00 ABOVE THE LOW, AND LESS THAN -$2.00 BELOW WEDNESDAY LOW. FRIDAY (AS OF 45 MINUTES BEFORE THE OPEN) LOOKS TO OPEN ABOVE THURSDAY'S HIGH. THAT IS A POSITIVE. BUT HOW MUCH WEAKNESS WILL THERE BE AFTER THE OPEN? WILL IT FILL THE THURSDAY CLOSE GAP 290.10? IF SO, WILL IT BOUNCE...

ETF-OPTIONS Updated 

MONDAY STARTED WITH A BANG...AND OUR MOP TRADE MADE 200%! NOW THE QQQ'S ARE GOING TO NOT ONLY OPEN UNDER THE MOP, BUT IT IS OPENING AT A NEW LOW FOR THE WEEK! WE DID NOT SELL ALL OF OUR CALLS AT THE CLOSE LIKE WE RECOMMENDED, AND NOW WE WILL HAVE TO WORK HARD TO CAPTURE PROFITS FROM THIS LARGE GAP DOWN AT THE OPEN. WE ARE GOING TO BUY 290 OCT 16 CALLS AT THE...

ETF-OPTIONS Updated 

MOP = MONDAY OPEN PIVOT OUR SYSTEM GENERATES PROBABILITIES TO DETERMINE THE HIGH AND LOW FOR THE CURRENT WEEK (MONDAY THRU FRIDAY) IT ONLY FOCUSES ON MONDAY THRU FRIDAY OF THAT WEEK, AND USES WEEKLY OPTIONS TO GENERATE PROFIT TARGETS THE MOP TRADE YESTERDAY MADE 200% (BOUGHT 292 CALLS @ $2.30 (9:30 CENTRAL TIME) AND SOLD @ $6.90 LIMIT ORDER PLACED AT 11:50 AM...

ETF-OPTIONS

MOP = MONDAY OPEN PIVOT OUR SYSTEM GENERATES PROBABILITIES TO DETERMINE THE HIGH AND LOW FOR THE CURRENT WEEK (MONDAY THRU FRIDAY) IT ONLY FOCUSES ON MONDAY THRU FRIDAY OF THAT WEEK, AND USES WEEKLY OPTIONS TO GENERATE PROFIT TARGETS THE MOP TRADE YESTERDAY MADE 200% (BOUGHT 292 CALLS @ $2.30 (9:30 CENTRAL TIME) AND SOLD @ $6.90 LIMIT ORDER PLACED AT 11:50 AM...

ETF-OPTIONS Updated 

THIS MORNING WE ARE WAITING FOR THE 30 MINUTE RANGE TO SET UP. IF THE 30 MINUTE LOW HOLDS...WE BUY 292 CALLS IF THE 30 MINUTE LOW BREAKS...WE BUY 286 PUTS IF VWAP HOLDS NEXT HIGH THE KEY FOR DIRECTION FOR THIS WEEK WILL BE MONDAY CLOSE VS. MONDAY OPEN (MOP)

ETF-OPTIONS Updated 

LET ME INTRODUCE YOU TO WHAT WE CALL THE MOP TRADE! WHAT IS MOP? (MONDAY OPEN PIVOT) OUR MODEL TAKES 746 WEEKS OF QQQ DATA AND GENERATES PROBABILITY AND STATISTICS FOR THESE 3 QUESTIONS: 1. WILL FRIDAY CLOSE ABOVE OR BELOW MONDAY'S OPEN? 2. WILL THIS WEEK'S HIGH BE ABOVE OR BELOW LAST WEEK'S HIGH? 3. WILL THIS WEEK'S HIGH BE ABOVE OR BELOW LAST WEEK'S...

ETF-OPTIONS Updated 

TALK ABOUT A DETOUR...WE ARE RIGHT BACK TO OUR MODEL'S PREDICTION MONDAY OF 282.88 MINIMUM TARGET (ONLY A $-7.00 DETOUR TUESDAY AFTERNOON)! INTERESTING STAT: LAST 750 WEEKS = (SINCE 2006) QQQ'S THURSDAY OPEN > WEDNESDAY HIGH 165 TIMES (22%) 82/165 FRIDAY HIGH WEEK (50% 64/165 THURSDAY HIGH WEEK (39%) SO THE QUESTION...DO WE SELL OUR CALLS TODAY, OR DO WE HOLD...

ETF-OPTIONS Updated 

YESTERDAY IS A PERFECT EXAMPLE OF WHY WE USE TRAILING STOPS AS PROTECTION! LAST WEEK WE HAD A STOP LOSS HIT ON THURSDAY, AND WE HAD NO IDEA TRUMP WOULD ANNOUNCE THURSDAY NIGHT HE HAD CONTRACTED COVID-19. THAT NEWS GAVE US AN OPPORTUNITY TO BUY AND SELL CALLS INTRADAY FOR 100% ROI. SO TODAY WE WILL LOOK TO MAKE TRADES OFF THIS VOLATILE MARKET CONDITION. SCENARIO...

ETF-OPTIONS Updated 

MONDAY THE QQQ'S HAD A HUGE GAP UP AND NO PULLBACK/GAP FILLING OF FRIDAY'S CLOSE, AND BROKE ABOVE FRIDAY'S HIGH 279.76. WITH THAT FAST RUN WE EXPECT A TUESDAY MORNING DIP THAT WILL ALLOW FOR MORE OCT 9TH 280 CALL BUYING. WE WILL BE BUYING 280 CALLS DURING THE FIRST HOUR OF TRADING WITH THE EXPECTATION OF BREAKING MONDAY'S HIGH 280.49 (TODAY OR WEDNESDAY). OUR...

ETF-OPTIONS Updated 

SO LOOKS LIKE QQQ WILL OPEN JUST ABOUT DEAD CENTER OF THE FRIDAY RANGE (273.44-279.76). SO THE QUESTION FOR US NOW IS WILL THE QQQ'S BREAK OUT OF FRIDAY'S RANGE? THE KEY WILL BE WHICH WAY DOES THE QQQ'S GO AFTER FIRST 30 MINUTES OF TRADING. WE ARE GOING TO BUY OCT 9TH 280 CALLS AS THE MARKET TRIES TO MOVE DOWN FROM THE OPEN. WE WILL BUY 1/4 POSITION ON THE...