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Friday, March 18, 2016

Market Green On St Pat’s Day - Small Dip Next Week - Sell Bull Put Spreads


One Option Trading Blog http://ift.tt/1psDHUi WATCH US MAKE MONEY TODAY - FREE TRIAL Posted 9:30 AM ET - As I mentioned in my comments yesterday, the market had everything it needed to rally. The SPY opened on its low and closed on its high. That bullish pattern has been present all week and quadruple witching fueled the move. The market is well above its 200-day moving average and we will lean on that level. The FOMC statement was much more dovish than expected and the market liked the news. Global risks have sidelined the Fed and easy money …

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