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Friday, September 20, 2019

Nothing Scary About This Quad Witch - Favor the Long Side


One Option Trading Blog https://ift.tt/2M6LPXY Posted 9:30 AM ET - All of the bullish and bearish influences I've been mentioning the last few weeks are still in place. The market is trading in a tight range while it waits for a driver. This week's FOMC statement and quadruple witching did not spark a breakout. Tariffs on 400 Chinese goods have been delayed and that is a slight positive as the framework for an October face-to-face meeting is being hashed out in DC. We needed a negative reaction to the FOMC statement to get things moving and it barely lasted an hour. I feel the press conference …

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