Momentum Factor Trade Actions to take TUESDAY December 3, 2019
The Momentum Factor System rotation is today.
Please LIQUIDATE the following Equity and/or Option position(s) (SELL TO CLOSE) between the current mid price and bid price during the last 20 to 30 minutes of the trading session.
AMGN
CTXS
KLAC
We are allocating the portfolio as follows:
30% in QCOM
30% in STX
30% in URI
10% in TMF
For maximum liquidity, we will LIQUIDATE positions (SELL TO CLOSE Options contracts) between the current mid price and bid price and INITIATE any new positions (BUY TO OPEN Options contracts) between the current mid price and ask price within the last 20 minutes of the trading session.
We will update you after the close in the Members Area Daily Update.
Option Traders – the following options meet our criteria:
30% in QCOM – 17JAN $92.5 Call
30% in STX – 17JAN $57.5 Call
30% in URI – 17JAN $155 Call
10% in TMF – 21FEB $28 Call
All the best,
Roger Scott.