Monday, June 19, 2017

Market Will Tread Water - Sell Bullish Put Spreads - Doldrums Ahead


One Option Trading Blog http://ift.tt/2ss13g7 Posted 9:20 AM ET - The market is treading water near the all-time high and it has weathered a Fed rate hike. The news will dry up for a few weeks and the S&P 500 should be able to hold the breakout at 2400. As earnings season approaches the bid will strengthen. Swing traders should sell out of the money bullish put spreads. This strategy will allow you to distance yourself from the action and to take advantage of time decay. I've been encouraging you to do this for the last few days and this opportunity will pass quickly. By now …

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