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Daily Option Trading Commentary

Option Lottery Trades - Conditions Are Right Today - Here Is What To Look For

January 17
Posted 9:30 AM ET - Stocks surged late in the day Thursday to close at a new all-time high. Recently signed trade agreements with China, Canada and Mexico are fueling the move. The news cycle is light and that favors the current upward momentum. The USMCA was signed yesterday and the Phase 1 deal with China was signed Wednesday. These are major developments and they could add as much as 1% to this year's GDP. China's economic numbers were released overnight and they were strong. In 2019 their GDP grew 6.1% Some analysts will point out that it was the…

 

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