My Bullseye pick that I want to buy this week is to buy (ASTS) call options.

ASTS calls near $1.80 –   1 day later $2.20  =  22%

My Reasoning:

My Trade Plan Details:

• ASTS Mar 28 $35 calls near $1.80
  
• Stop: Closes ASTS below $28
• Target 1: $38
  
• Target 2: $44
  

It’s nearly impossible to see a trend for a stock go either up or down for more than one day.

For me, that means I am focusing more on daytrading strategies where I am in and out of a trade in less than an hour. 

I can usually find two or three moves that make sense for me each day in this market. It’s definitely more challenging, but that’s what I have to do to make it work.

While I will not be live trading today because I am out of town this week on vacation with my family, I really encourage you to join me again next week in our live room and I will show you what has been working for me. 

This week, I want to focus on one of the smaller stocks out there with huge momentum right now.

The stock has had a lot of big days lately, even though the market has been tanking. I would like to use today’s weakness to start a new position on the stock.

It is extremely volatile and while I’m listing some options I would consider, I really just prefer to buy the stock itself on this trade.