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Tuesday, February 4, 2020

Market Bid Remains Strong - Build Your Wish List [Options Game Plan]


One Option Trading Blog https://ift.tt/2vPgqF6 Posted 9:30 AM ET - PRE-OPEN MARKET COMMENTS TUESDAY - This morning the market is going to race right back to resistance at SPY $328. There hasn't been any improvement on the Coronavirus front and I expected news of a cure when I turned my computer on this morning. Google is down after reporting earnings. This overnight jump seems related to easing by the PBOC. I feel the move is vulnerable, but it does demonstrate that the bid is still strong. Coronavirus continues to spread and there are 20,000 cases. Over 425 people have died from the virus and the death …

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