QQQ Bearish Trade Nets 76%

Although the action in the Nasdaq has been volatile this week, our subscribers locked-in another huge winner on Wednesday with out PowerShares QQQ Trust (QQQ) put option recommendation.

We profiled the July 107.50 puts (QQQ150117P00107500) at 85 cents and they soared past $2 on this week's selling pressure. They were closed at $1.50 on yesterday's test to resistance as the QQQ's pushed $108.

We have another trade on the QQQ's set for today, 10 minutes ahead of the close. Sign up now to get today's trade instructions inside our Members Area. - A. Cooly

Teladoc (TDOC) Could be a Hot IPO

Teladoc (TDOC) is expected to come public today at a range of $15-$17 with 8 million shares expected to be released for its initial public offering.

Demand is high so we wouldn't be surprised to see an opening near $30. This will likely keep us on the sidelines as we won't be chasing this one if it debuts above $21. - M. Bryant

 

ConforMIS (CFMS) IPO Worth Watching

Shares of ConforMIS (CFMS) will make their initial public offering (IPO) on the Nasdaq today at $15 a share. Nine million shares are up for grabs and are priced between the expected $14-$16 range. This company and stock could be worth watching and we will let you know when the options debut. If you can […]

Continue reading...

IWM Put Option Trade Returns 135%

Current subscribers were handed a 135% return despite the iShares Russell 2000 ETF (IWM) rebounding past $125 on Tuesday. The massive gains came on Monday’s pullback from $127 to $124 and we set a stop in place to protect the triple-digit profits. We will be profiling more index option trades as part of our arsenal. […]

Continue reading...

Apollo Group (APOL) Shares at 52-Week Lows

Shares of Apollo Group (APOL) are down 14% to $13.35 (down $2.19) after reporting earnings following Monday’s close. They have traded to a low of $13. We recommended our subscribers play the possible downward move by using the July 15 puts (APOL150717P00015000). The options are currently at $1.70, up 60 cents, and we profiled them […]

Continue reading...

Indexes Down 2% on Monday Selling Pressure

The Dow Jones is down 343 points to 17,602; S&P 500 off 42 points to 2,058; Nasdaq lower by 123 points to 4,957; Russell 2000 is sliding 29 points to 1,250. The S&P is now negative for the year. The 2% selloff has been a blessing to our subscribers as we have three put option […]

Continue reading...