Sell Bullish Put Spreads - Support Is Strong and Next Week Will Be Dull

One Option Trading Blog http://ift.tt/1I1eHfl TAKE THE 1 WEEK FREE TRIAL AND FOLLOW OUR OPTION TRADES IN THE CHAT ROOM Posted 8:50 AM ET - Thursday the market took a breather after a huge rally Wednesday. The SPY broke through the 200-day moving average and we are within striking distance of the all-time high. Asset managers have been reluctant to buy this rally and many are under-allocated. I believe there is stock to buy and the bid should remain strong. The market is prepared for a quarter-point rate hike in December. In the grand scheme of things, this is a tiny move …