I'm gona try to make a post like this everyday before the market opens basically I wanna have a trading plan ready before the action starts. Above you'll see a chart of the Nasdaq. I wanna trade from the long side today and have the following option orders in.
GOOG July 560 Calls 4.70 or better
APPL August 140 Calls 3.1 or better
In addtion the remainder of my portfolio will be long QLD shares.
A couple of interesting stocks to keep an eye on include RIMM, AKAM, NKE.
Just a reminder my trade recommendations are not being followed, only the system which is long is being tracked by marketocracy. Options trading is a very risky investment veichle and is not suitable for most investors.
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