TMG Webinar

How to Generate Income from Your Stocks

The Market Guys will show you how you may be able to create income from your stocks with options.

Next event...

Investing Education Day

Market Shots

PIN PRESSURE INDICATOR™

Using Pin Pressure as a leading indicator for setting price targets


AJ Monte, Chief Market Strategist for the Market Guys, has written a paper for the Market Technicians Association on the Topic of Pin Pressure.

This document was grounded in research conducted by the University of Illinois showing how Option Trading Volume affected the price of the underlying stock in which the option contracts where traded.

From this paper, AJ has developed the Pin Pressure Indicator™ which is a calculation that computes the combined open interest traded at various strike prices and uses this data to determine price targets for individual stocks as we approach options expiration Friday.

Continue reading »

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”

  1. From: Andrew Fairhurst June 26th, 2008 at 5:46 pm

    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

  2. From: RonaldBMw June 26th, 2008 at 11:33 pm

    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

«

»