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Tuesday, March 29, 2016

Market Should Challenge SPY $205 - Sell Bullish Put Spreads


One Option Trading Blog http://ift.tt/1Tgjf5a Posted 9:30 AM ET - The market was unchanged yesterday and it traded in a very narrow range the entire day. Volume was light and Monday was the slowest day of the year. Janet Yellen will address the New York Economic Club at 12:20 PM Eastern Time and the action should pick up a little today. A few weeks ago, the FOMC statement was dovish. I am expecting market friendly comments today. ADP will report private sector employment for the month of March tomorrow. Friday is when the economic news will really pick up (official PMI's, jobs report and ISM manufacturing). …

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