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Wednesday, October 4, 2017

Manage the Profits On Your Calls - Keep Raising Stops


One Option Trading Blog http://ift.tt/2wwPHIJ Posted 9:30 AM ET - The path of least resistance is higher. Traders are complacent and risk as measured by the VIX is at a historic low. This condition can last for many months. Don't expect any explosive moves, just a gradual grind higher. This morning ADP reported that 135,000 new jobs were created in the private sector during the month of September. That is below the 160,000 that were expected and this was a "soft" number. ISM services will be posted 30 minutes after the open and a number higher than 56 would be consistent with strong growth. The economic …

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