One Option Trading Blog https://ift.tt/2B9iwTl Posted 9:30 AM ET - The market has been trading in a range between SPY $312 and $322 for the last two weeks. Economic releases have generally been good and earnings season will keep buyers engaged. New Coronavirus cases are growing and the economic recovery will take much longer than expected. These opposing forces have kept the market in a trading range. The upside reward is smaller than the downside risk and you should take this opportunity to lock in profits. I believe that a market decline is likely in August. ADP, the Unemployment Report, ISM manufacturing and ISM services were …
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