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Daily Option Trading Commentary

Ukrainian President Declares That Russia Has Invaded - This Will Spark Selling Today

August 28
Posted 8:15 AM ET - Yesterday, I started my comments off with this quote. "As long as global geopolitical tensions remain stable, the market will float higher." Overnight, the Ukrainian President declared that Russia has invaded. Journalists are reporting that armored personnel carriers and military trucks have been spotted entering the country. Ukrainian troops have captured 10 Russian paratroopers. Putin claims they probably floated over the border. This conflict is going to escalate. The US and Europe are likely to impose additional economic sanctions. However, sanctions won't keep Putin from advancing. Cold weather is right around the corner and he…

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