Thursday, February 9, 2017

Market Breakout Today - Aggressively Buy Calls If SPY Closes Above $230


One Option Trading Blog http://ift.tt/2luCzP9 Posted 9:00 AM ET - The table is set for an all-time high today! The price action yesterday was very constructive. We saw selling right on the open and the S&P 500 bounced immediately. The rest of the day stocks inched higher and the market is up a couple of points before the open. Tech stocks (QQQ) have already made a new high and we are seeing follow through today. The S&P 500 is only a few points away from a new high. As I've been mentioning this week, we need to see a breakout right away or we risk falling …

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