Commentary for last week
SP500 index pushed below January’s low by two points in intraday trading on Thursday, but that low held successfully and the market moved back above 1850 level for the close on Friday. The Friday closing price did not confirm the long-term bearish movement. Instead it could bring intermediate-term bounce soon.
Last week’s trades
The sharp decline early in the week and again on Wednesday provided two excellent opportunities to sell Puts.
The subsequent reversal meant a quick profit.All our options expired out of the money on Friday, and we kept the entire premium.
Sorry, This section contains the option trades for the week of Feb. 15. It is reserved for paid subscribers.
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