One Option Trading Blog https://ift.tt/30UPpvw Posted 9:30 AM ET - Yesterday the market gapped lower and it searched for a bid. After confirming support, buyers stepped in. Profit taking only lasted a day and the market closed on its high forming a bullish hammer on a daily chart. We are seeing follow-through buying this morning and the S&P 500 is up eight points before the open. Strong earnings from Intel (INTC) are providing a solid backdrop. We will be doing some option lottery trades today in the chat room using weekly options that expire today. Yesterday the WHO was reluctant to label the Coronavirus as an …
No comments:
Post a Comment