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Friday, November 17, 2017

Buy Calls - We Never Got the Dip - Breakout Coming


One Option Trading Blog http://ift.tt/2jyWCzC Posted - 9:30 AM ET - The market had a very strong day Thursday and we are in striking distance of the all-time high. The House passed the tax bill and that sparked buying. Option expiration goosed the market once the momentum was established. There are still some headwinds, but I will buy the breakout. If I see follow-through I will gradually add to positions. The tax bill had a comfortable margin of victory in the House and this news was expected. Republicans only half a two vote edge in the Senate and it will hit a serious snag. A lack …

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