S2 Option Trader

[SyndicateTwo]

The longer the SPX sits right here at 1000 and the Nas at 2000, I think the faster it's going to turn.

Right now we're in the 'market can stay irrational longer than you can stay solvent' phase.

But as you saw with ROST today, for two weeks it just flatlined between $43 and $44, spiking on Friday to $45+, then gapping hard down today.

So, I think that's the play for Nas and specifically the Q's.