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Daily Option Trading Commentary

The Fed Will Determine If We Close 2018 On the Low of the Year

December 10
Posted 9:30 AM ET - My comments will be limited this week due to family health crisis. Thank you for your prayers. Comments were posted Sunday night. There is one remaining news event this year and it is a big one. The FOMC statement will be released a week from Wednesday. A few different scenarios could play out and we are likely to chop back and forth until the release. If the Fed stays steadfast the market will make a new low for the year. If the Fed postpones the December rate hike, an initial bullish reaction will spark buying…

 

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