September 2014 Commentary

Posted at: September 12th - 2:58 PM

Monthly Option Alert

Alert Message

No cheery news here. Markets have finally succumbed to world pressures and the FED. Next week we have a two day Fed meeting that could change the language of their statement in favor of tightening. As of right now there is only two plays I believe can move to the upside on Monday and that is GS and AAPL when they release the number of pre-sales over the weekend. We are still going in the put side, but I will say Monday may be up but the rest of the week should show market pressure. Plays come out at 3:30pm et for a buy as close to the close as possible. Make sure to book profits in the 25-50% range and all should be well.

 


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