One Option Trading Blog http://ift.tt/1proFPm Posted 9:30 AM ET - Yesterday the market probed for support early in the day. It gradually recovered and finished unchanged. We're in a news vacuum until the FOMC statement tomorrow afternoon. Trading will be very light. I am short a few stocks and I am long a few puts. My bias is bearish, but my exposure is very small. If the market closes below $202 today I will add to my positions near the close. If the market trades below $200, I will take a more bearish stance. That is unlikely to happen before the FOMC. As I mentioned yesterday, …
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