LONGS: C - Sep. $70 Call ($1.48) MMM - Sep. $210 Call ($1.35) NKE - Sep $82.50 Call ($0.74) SPY - Sep $284 Call ($3.76) Note: The prices in parentheses are for today's close. They will probably be a little different at tomorrow's open. The portfolio will track the prices from tomorrow's open. Regarding strikes, our rule for Call options is to use the first available strike above the day's opening stock price. Note 2: Due to the number of trades this new system is generating, there is no longer a need to "take all trades" as with our former system. Each of the above trades has the same likelihood of hitting 50% - 200% profits before September expiration. Whatever your profit target, one of the best strategies to lock in those gains is to place a GTC (Good 'til canceled) order to sell at that designated price as soon as you purchase the option. Note 3: The signals for C and SPY are repeats from Tuesday's close. You may decide you only want to take one of these trades. However, since the system has generated a second signal, you may want to view this as an extra strong recommendation and take both trades. The portfolio will take and track both trades.
