Wait For Clarity From the Trade Talks - I Still Like This Options Strategy

One Option Trading Blog https://ift.tt/2OyfnAy Posted 9:30 AM ET - Wild news driven market moves are what we can expect the next few weeks. The environment we are in reminds me of the August whipsaw we experienced. Day trading is challenging. Set passive targets and take profits quickly under these conditions. Swing traders need to distance themselves from the action by selling out of the money bullish put spreads on dips to the 200-day moving average. Bearish call spreads can be sold near the 100-day moving average on rallies. I expect us to stay within that range the rest of the month with wild moves from …