One Option Trading Blog https://ift.tt/2vorw3q Posted 9:30 AM ET - A week ago the S&P 500 was 100 points lower than the open today and rallied most of the week. Coronavirus concerns sparked selling and the market bounced, signaling a strong bid. The virus is spreading and the death toll is rising. Investors see this as a temporary event and they are willing to look past it. I believe that the market is discounting the economic impact and stocks will do well to tread water for the next few weeks. My bias is fairly neutral and I like selling out of the money bullish put spreads …
No comments:
Post a Comment