Trade Alert:

OPENING ORDER

SELL -1 VERTICAL QQQ 100 15 FEB 19 165/170 CALL @1.27 LMT

Stock Commentary:

Strategy: QQQ Short Call Spread

We have opted to place a short call spread not because of a bearish bias rather, the opportunity to sell premium far out of the money after a massive rally has already ensued. We are SELLING the 165 calls and BUYING the 170 calls in the FEB 15th expiration for a $1.27 CREDIT.

Please NOTE: QQQ needs to rally minimally in order to achieve this 1.27 fill price, be vigilant, work your order, and let the markets come to you!

Risk $3.73

1 contract allocation = $373 risk

74% probability

Seeking 50% plus return

Trade Alert:

OPENING ORDER

SELL -1 IRON CONDOR IWM 100 15 MAR 19 152/157/115/110 CALL/PUT @.97 LMT

Stock Commentary:

Continued selling pressure on the markets is finally starting to see a rise in implied volatility whereby creating some premium selling opportunities. Allocate small, we are only at the start of what could be some decent premium selling!

Risk $4.03

1 contract allocation = $403 risk

81% probability

Seeking 50% plus return

Trade Alert:

OPENING ORDER

SELL -1 IRON CONDOR SPY 100 15 MAR 19 287/292/225/220 CALL/PUT @.91 LMT

Stock Commentary:

Markets have fallen below our TheoTRADE gravity points and volatility on the rise has presented a decent premium selling opportunity. Allocate small, we are only at the start of what could be some decent premium selling!

Risk $4.09

1 contract allocation = $409 risk

81% probability

Seeking 50% plus return

Trade Alert:

CLOSING ORDER

BUY +1 IRON CONDOR IWM 100 18 JAN 19 163/168/135/130 CALL/PUT @.70 LMT

Stock Commentary:

The IWM Iron Condor initiated on Oct 24^th has approached the profit mark. We sold the iron to open for 1.24 credit and are electing the close the Iron just prior to making 50% ( we are achieving approximately a 45% return) as the G20 risks are not worth holding the trade in effort to squeeze out a few more pennies.

Trade Alert:

CLOSING ORDER

BUY +1 IRON CONDOR SPY 100 21 DEC 18 300/305/260/255 CALL/PUT @.68 LMT

Stock Commentary:

A rally in the market has provided an opportunity to bail-out of an Iron Condor in which we have already overstayed our welcome. The Iron is mildly profitable though we have held the trade through our intended timing threshold (we exit 30 days prior to expiration) and must exit.

Please NOTE: We are BUYING BACK the Iron Condor to CLOSE the trade for a $.23 profit.

Trade Alert:

OPENING ORDER

SELL -1 VERTICAL TSLA 100 18 JAN 19 390/395 CALL @1.30 LMT

Stock Commentary:

TSLA’s historical volatility (actual stock price movement) has died down in the month of November however, the implied volatility remains elevated. We have opted to place a short call spread not because of a bearish bias rather, the opportunity to sell premium far out of the money and on the edge of the all-time high in TSLA. We are SELLING the 390 calls and BUYING the 395 calls in the January 18^th expiration for a $1.30 CREDIT.

Trade Alert:

CLOSING ORDER

BUY +1 VERTICAL AMZN 100 16 NOV 18 1705/1710 CALL @.65 LMT

Stock Commentary:

Sell-side activity has provided a closing opportunity in our AMZN short call spread in excess of 50% profit. In the midst of this volatility do not panic to close this trade, we are in excellent shape and will take profits in excess of 50% on these short spreads as they come.

Trade Alert:

OPENING ORDER

SELL -1 VERTICAL AMZN 100 16 NOV 18 1705/1710 CALL @1.32 LMT

Stock Commentary:

Strategy: AMZN Short Call Spread

AMZN has rallied $150 in a 3 day window and continues to sustain high levels of volatility. We are electing to take a mild short bias via selling an out of the money call spread. We are selling the 1705 calls and buying the 1710 calls in the NOV 16^th expiration cycle for a 1.32 credit.

Risk $3.68

1 contract allocation = $368 risk

73% probability

Seeking 50% plus return

Trade Alert:

OPENING ORDER

SELL -1 IRON CONDOR SPY 100 21 DEC 18 300/305/260/255 CALL/PUT @.91 LMT

Stock Commentary:

Strategy:  SPY Iron Condor

In the midst of today’s volatility, we are afforded the ability to sell premium in the form of an Iron Condor. If volatility continues in the days to come we may elect to layer in several more Iron Condors and premium sales. Therefore, allocate accordingly with the concept and knowledge we may be placing similar trades as volatility progresses.

Risk $4.09

1 contract allocation = $409 risk

82% probability

Seeking 50% plus return in under 30 days