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Wednesday, January 25, 2017

BOOM - Trump Sparks Market Breakout - Buy Calls Aggressively


One Option Trading Blog http://ift.tt/2j4R7Yz Posted 9:00 AM ET - Donald Trump is pulling all of the right levers and the market loves it. The pipeline and the wall will be built, business regulations will be greatly reduced, government headcounts are being slashed and he is meeting with unions. Good news has been priced in, but the market wanted to see him in action. This morning we are breaking out to new all-time high and this move will have legs. During the last month the market has compressed near the all-time high. Tight ranges like this tend to produce big breakouts with sustained directional movement. Earnings …

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