One Option Trading Blog http://ift.tt/2cXGGUe Posted 9:30 AM ET - The market is resting just above the 100-day moving average. There isn't any news to push us below that level today. However, if we see persistent selling and that level fails with ease, prepare for a dip down to the 200-day moving average. This would be a bearish sign and it would indicate persistent non-news driven selling. I would buy puts for an overnight position if the 100-day moving average fails and if we see heavy selling into the close. This is a quadruple witch and once the momentum is established it often feeds on itself. …
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