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Daily Option Trading Commentary

Here’s What To Expect From the FOMC Statement Today - Use This Option Strategy Now

December 11
Posted 9:30 AM ET - The market is within striking distance of the all-time high. Seasonal strength and the likely passing of USMCA will keep buyers engaged. Uncertainty is decreasing and major events are being resolved. Look for stable price action with an upward bias. Sell bullish put spreads on dips. The dollar value of US exports to Mexico and Canada is four times greater than it is for China and it is twice the size of US exports to Europe. USMCA is a huge trade agreement and it could boost 2020 GDP growth by 1%. Rumors suggested that a…

 

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