Thursday, June 29, 2017

Market Will Be Flat Until FOMC Minutes Next Wednesday


One Option Trading Blog http://ift.tt/2sUn4Wy Posted 9:00 AM ET - Tuesday and Wednesday we saw Q2 window dressing. The big decline was immediately erased yesterday and these moves won't show up on a chart a few weeks from now. We're in a news vacuum and the volume will decline ahead of the Fourth of July. Swing traders should have been able to ride out the storm. Out of the money bullish put spreads give the stock plenty of room to move around. As long as technical support is maintained stick with the position and let time decay work in your favor. This is a great income …

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