Friday, February 21, 2020

Option Lottery Trades Possible Today - Watch For This Pattern On Fridays


One Option Trading Blog https://ift.tt/3bUMRT2 Posted 9:30 AM ET - Yesterday the market dropped on a report from Goldman Sachs that the impact of the Coronavirus earnings impact could be worse than investors expect and that caution is needed. The market S&P 500 dropped 50 points from its high and it was able to recover half of those losses. This morning we are seeing a little selling before the open. Fridays have recently been soft. The overnight flash PMI's from Europe were generally good. The manufacturing flash PMI came in at 49.1 (still in contraction territory) and the services flash PMI came in at 52.8. Japan's …

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