OPTIONSMART MORNING UPDATE: Sunday Edition

September 5th, 2009 at 6:18 am

OPTIONSMART MORNING UPDATE: Sunday Edition

1. OUTLOOK: The market shrugged off weak jobs reports and advanced in a thinly traded session. Apple shares rose ahead of its media event next week where it is expected to introduce iPod Nano and Touch models that include digital cameras. Other big tech gainers included Microsoft, IBM, Cisco Systems. QQQQ's implied volatility inched lower as large traders dumped protective put options.

QQQQ chart

2. TRADING OPPORTUNITY: n/a

3. OUR FREE MONTHLY TRADING RECOMMENDATION AUTO-TRADEABLE WITH PARTICIPATING OPTION BROKERAGES: to be published in late October.

SPY Oct 95/98 Bullish Debit Call Spread: Bought @2.10 on 09/02/09 and sold @2.31 on 09/04/09 with a 11% gain just in two days!Special notice for Free Picks subscribers: We hope you ejoyed our yesterday's SPY trade as well as all our free trades. Regrettably, we DO NOT plan to issue our next FREE trading alert until October 30th.  Don't miss a trade and put your money to work. Take advantages of our paid services! Diversify your portfolio by receiving more frequent picks and trading alerts. Use our special offer below and subscribe to our paid services.

 

4. OUR "QQQQ PICKS" SERVICE JUST GOT BETTER!

We have greatly reduced holding periods for our QQQQ spread picks. This improvement makes your investments less risky! Our most recent trade:

QQQQ Oct 37/39 Debit Call Spread
Bought @1.39 on 09/03/09 and sold @1.54 on 09/04/09 with a 11% gain in one day!

Find more details in the track record.

5. SPECIAL  OFFER:  Subscribe to QQQQ Picks  and get a 20% discount on recurring subscriptions by entering coupon code 4470 during checkout (expires on September 10, 2009). New subscribers only. 

Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!

 RSS  Updates Archive