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Daily Option Trading Commentary

Sell Put Credit Spreads - Place Stops - Spend Time With Your Family

November 25
TAKE THE 1 WEEK FREE TRIAL AND FOLLOW OUR OPTION TRADES IN THE CHAT ROOM Posted 10:45 AM ET - Yesterday the market declined after a Russian fighter jet was shot down over Turkey. Stocks probed for support and buyers quickly stepped in. This price action tells me that the bid is still strong. Asset Managers have been reluctant to buy this rally and I suspect they are under allocated. They will buy dips and the 200-day moving average will hold until the FOMC on December 16th. Yesterday we did not get close to challenging it…
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