Wednesday, January 22, 2020

Sell Bullish Put Spreads On These Stocks Ahead of Earnings - Market Bid Is Strong


One Option Trading Blog https://ift.tt/30H9eX1 Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS WEDNESDAY - Yesterday the market pulled back slightly on concerns that the Coronavirus would slow economic growth in China. Those worries have dissipated overnight and the S&P 500 is up 15 points before the open. Earnings season will unfold this week and the releases will climax during the next 10 days. This is a relatively light new cycle and that favors the current upward momentum. Trade deals will keep buyers engaged and they will wait for mega tech stock earnings releases. Valuations are a little stretched and companies will have to post exceptional …

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