One Option Trading Blog https://ift.tt/320Kp9j Posted 9:30 AM ET - The S&P 500 is within striking distance of the all-time high. Resistance is stiff and the trading range during the last week has been extremely tight. We are in a news vacuum and volume is decreasing. I feel that the upside rewards are smaller than the downside risks. Earnings season is behind us and the economic releases are minor. Politicians are returning to Washington DC to discuss post office cutbacks. The market would've liked it if they were negotiating a stimulus bill. These are the dog days of summer. The Coronavirus destroyed profits in Q2 (down …
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