Option Millionaires

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Market recap:

~Materials, financials and energy shares pushed the S&P 500 SPY to its fourth straight day of gains as weekly jobless claims and factory orders came in a bit better than expected and a Spanish bond auction saw a strong response.

~Encouraging comments by ECB President Mario Draghi and as investors looked ahead to the monthly government jobs report.

~All three major indexes are on pace to post their first positive week in three

~The CBOE Volatility Index, VIX widely considered the best gauge of fear in the market, closed below 15.

~The latest minutes of the Federal Reserve's meeting showed that all members but one agreed on QE3. Last month, the central bank launched a third round of bond-purchasing program, announcing an open-ended plan that kicks off with $40 billion per month of new mortgage debt purchases.

~Crude oil rebounded 4% to nearly $92/bbl.; USO amid ongoing tensions between Turkey and Syria, a weaker dollar and refinery fires.

~Gold neared $1,800/oz. GLD

~NYSE advancers topped decliners two to one.

“In the absence of bad news, we’ll drift higher and that’s what’s been going on,”