2 New Trade Alert has just been delivered
Posted on June 25, 2008 by AJ Monte
If you are a subscriber to our trade alert service then you should have the latest trade alert for MOS sitting in your mailbox. Please be sure to follow the risk management strategies outlined on page 2 of this document.

2 Responses to “New Trade Alert has just been delivered”
Hi AJ
Thinking about the MOS recommendation and the 1% rule. The exit position is quite a way from the current stock price. By my rough calculations, to be able to buy 1 option you would need an account size of about $225,000, using that exit level.
If your account is less than this would you
1. Recommend that we don’t trade this or
2. Use a tighter exit (There seems to be another support level at about 117)
As always
Many thanks
Andrew Fairhurst
Hi AJ,
I did move into a position with the JAN leaps. But then reading through the oracle it looks like I wont be able follow the goal that we are trying to achieve since I only have a level 2 option on my account with etrade. Hopefully you can give some ways on how to manage this position with the level that I am in.
Thanks
Leave a Reply