SPY Breaks Out But May Need To Digest Recent Gains – Options Reflect Elevated Optimism

posted in: Derivatives, Equities, Technicals | 0

The S&P 500 large cap index finally breaks out of a box.  Further building on it near term may prove difficult as the options market indicates investor sentiment is sanguine right now. S&P 500 stocks made progress last week.  After … Continued

S&P 500 Struggle To Lift Off Of 200DMA – Short Put For Premium/To Position For Earnings Bounce

Presently, the state of US trade deficit and how the Trump administration is attempting to address it is front and center. In February, the deficit came in at $57.6 billion, with the 12-month total of $589.6 billion, which was the … Continued

Amidst Rout In Stocks, Things/Levels To Watch For Signs Of Stability

posted in: Credit, Derivatives, Equities, Technicals | 0

Risk happens fast.  All of a sudden, no one is buying the dip.  Rather, the quest for protection has skyrocketed. In mere six sessions, VIX went from 11.08 to 38.80, closing Monday at 37.32.  This was the highest since August … Continued