Good morning traders,
October 22, 2018 –
Catalyst Alert Rotation Alert
Please liquidate the following equity or options positions (SELL TO CLOSE Options positions) from the previous rotation…
CRC – 21 DEC Expiration $36 Strike Price Call –
Place sell limit $4.00 to $4.60 range
EQNR – 18 JAN 2019 Expiration $25 Strike Price Call –
Place sell limit $2.50 to $2.80 range
HEAR – Stock Traders Only –
Place sell limit at/near the $20.91 to $21.81 price range –
LOV – Stock Traders Only –
Place sell limit at/near the $10.24 to $11.16 price range –
SCS – 18 JAN 2019 Expiration $15 Strike Price Call –
Place sell limit $2.10 to $2.80 range
VRS – 18 JAN 2019 Expiration $25 Strike Price Call –
Place sell limit $5.40 to $6.40 range
FRGI – 21 DEC Expiration $25 Strike Price Call –
Place sell limit $4.00 to $4.80 range
This rotation includes the following position(s) that were included in the previous rotation. Do not liquidate the position(s). Simply, adjust the percentage (if necessary) to 15% to 16% so as to match the other positions in the current rotation.
HEAR – 18 JAN 2019 Expiration $20 Strike Price Call – Hold Option Only
Please initiate the following 6 new positions (BUY TO OPEN Options positions) in equal 15% to 16% units within the first 45 minutes of the trading session…
1. MCFT – at/near the $33.57 to $34.95 price range –
2. HIMX – at/near the $5.91 to $6.19 price range –
3. LNG – at/near the $63.40 to $65.24 price range –
4. SEAS – at/near the $28.53 to $29.53 price range –
5. ARCH – at/near the $92.55 to $93.89 price range –
6. SAR – at/near the $22.16 to $22.98 price range –
There are no major liquidity issues for underlying equities during this alert. Please check your email and SMS alert for more info.
Options Traders – the following regular MONTHLY options meet our criteria:
MCFT – 18 JAN 2019 Expiration $30 Strike Price Call –
Place buy limit $5.50 to $6.40 range
HIMX – 21 DEC Expiration $5 Strike Price Call –
Place buy limit $1.20 to $1.45 range
LNG – 21 DEC Expiration $62.5 Strike Price Call –
Place buy limit $4.30 to $5.00 range
SEAS – 18 JAN 2019 Expiration $28 Strike Price Call –
Price range is $3.20 to $4.00
ARCH – 15 FEB 2019 Expiration $90 Strike Price Call –
Place buy limit $9.60 to $10.20 range
SAR – NOT Optionable
Alternatives –
HEAR – 21 DEC Expiration $25 Strike Price Call – Filled at $3.70 on October 15, 2018
Price range is $4.10 to $4.50
All The Best,
Roger Scott
WealthPress