One Option Trading Blog http://ift.tt/1OGvpUj Posted 9:30 AM ET - The market finished the year on a whimper. Seasonal strength was not enough to offset selling. This is typically a very bearish sign and the S&P 500 will start the year off on a negative note. Two weeks ago we saw a nasty reaction to the FOMC. Major support levels failed and that was a warning sign. I advised you not to sell out of the money put credit spreads and I hope you took my advice. Normally this is a good December strategy, but I did not like the backdrop. I have been day trading …
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