One Option Trading Blog http://ift.tt/2clW78B Posted 9:30 AM ET - The market is not providing us with many trading opportunities, but we nailed one Friday. I've been mentioning that Janet Yellen's comments in Jackson Hole would spark selling. We started shorting the futures and various stocks in the chat room Friday morning and we got a nice 13 point S&P reversal. I was not looking for a sustained move so we took profits. This is the last week of the summer doldrums. The market is in a very tight range and the SPY is right at $217.50 support. I would use this level as your guide. …
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