No in a tight trading market intra day options only. the market traded around value area high. what that means market value did not change much. there will be a nice rally later in the week. there are still no real sellers in this market.
Option trading was as hard as it gets today.
If the bears had there chance today and fumbled again
sometimes i do, today i went with some SPXU calls , if SPX reverses down the SPXU will go up hence the call option, had SPXU puts when market went up.
its a call you kind of have to make but it does (IMO) pay to have some kind of hedge if market does retrace, and yes if im wrong i just close out after about 15 minutes into market trading.
looks like selling up there at 2790, so maybe just a little more down, Pretzel Logic will have an update tomorrow, i like his style.
so wait and see what overnite futures do, prepare for battle tomorrow, Bonds and Gold were active today up, wonder if its flight to safety>?
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