Hang On to Your Put Options - The Market Is Headed Lower - 200-Day MA Will Be Tested

One Option Trading Blog http://ift.tt/1BuaqHM Option Trading Strategy- My options trading strategy is very simple. I started buying puts yesterday morning and after the FOMC I added aggressively as outlined. I did not wait for my price levels; I just started buying puts when dovish statements failed to spark a rally. Some of my biggest winners have come after losses. I sold out of the money put credit spreads last week. I thought earnings season would float the market for a few weeks and that I would be able to take advantage of time decay. I kept my distance and I did not hesitate to buy …