Friday, September 27, 2019

Market Trapped In A Range - Use This Option Trading Strategy


One Option Trading Blog https://ift.tt/2m8N0xm Posted 9:30 AM ET - Yesterday the market probed for support early and it rallied back to where it started. The news this week has generally been bullish and the bid should strengthen into earnings season. I believe that this is a good time to sell out of the money bullish put spreads. Take advantage of time decay and generate income while the market is range bound. Face-to-face trade negotiations with China will resume on October 10th. China has increased purchases of some US goods as a sign of good faith. Huawei might license some of its 5G technology to US …

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