One Option Trading Blog http://ift.tt/2fkrsoz Posted 9:30 AM ET - The market is one good day from the all-time high. I believe that option expiration could be the catalyst to get us there. Option premium sellers like to short calls above major resistance. If the SPY breaks out above $219 shorts will be scrambling to buy these calls back. That will spark short covering and it will give the market the fuel it needs. In the last 18 months we haven't had a catalyst. Sluggish economic growth has kept a lid on the market and historically low interest rates have provided a safety net due to …
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