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Tuesday, July 21, 2015

Sell Out of the Money Bullish Put Spreads After Strong Earnings Reports


One Option Trading Blog http://ift.tt/1LA8Psp Posted 9:45 AM ET - The market is going to challenge the all-time high this week. Greece signed a deal, China's market found support and earnings season has been decent. The macro backdrop is stable and I don't see any speed bumps until the FOMC meeting next week. IBM missed estimates and it is trading lower. They've been struggling the last few years and this is not a big surprise. Apple will post results after the close. I don't believe the market decline in China will impact demand this quarter so the number should be in line. The stock has not …

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