2015 September Commentary

Posted at: September 11th - 2:53 PM

Monthly Option Alert

Alert Message

Welcome everyone. Time for the Core trades. Markets have been taking a beating from all side. Many of our choices remain under their 50 and 200 day moving averages. Next week all eyes are on the Fed who meet Wednesday and Thursday. We have Rosa Hashanah beginning Monday ( not typically a good time to trade ). I have to make the West Point decision. I am going to lean to the Calls this cycle. Markets do not seem to want to breakdown. This could be a bumpy ride as we have seen over the past few week’s so please be ready for that. Good luck to all, remember to book profits when they present themselves.

 


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All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120.

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