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Tuesday, October 18, 2016

Mega Cap Tech Earnings Will Attract Buyers - Sell OTM Bullish Put Spreads


One Option Trading Blog http://ift.tt/2dksXGq Posted 9:30 AM ET - We are getting a nice little bounce on the open this morning. Analysts believe that the Fed has some breathing room after a soft employment report and the likelihood of a December rate hike is 66%. Earnings season is upon us and mega cap tech stocks will release earnings over the next week. That is a bullish influence. Netflix posted strong number and that has tech moving higher this morning. Intel will report after the close and it will set the tone for semi-conductors. Microsoft posts after the close on Thursday and it will also shed …

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