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Wednesday, April 1, 2020

Market News Will Be Heavy For Another Week - Use This Options Trading Strategy


One Option Trading Blog https://ift.tt/2X40A4X Posted 9:30 AM ET - Yesterday the SPY tried to get through a technical resistance level at $263. Late day selling ahead of major economic releases is spilling over this morning and the S&P 500 is down almost 100 points before the open. I've been saying for weeks that this will be a bottoming process and that horrific news lies ahead. The Coronavirus still has 10 more days before it peaks and there will be many casualties. The first step to recovery is to control the spread of the virus. ADP reported a loss of 27,000 jobs in the private sector …

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