Last week
Week ending | Open | High | Low | Close | Volume (million) |
---|---|---|---|---|---|
Aug. 5, 2016 | 2174.00 | 2178.50 | 2140.50 | 2177.50 | 7.9 |
Aug. 12, 2016 | 2176.00 | 2185.25 | 2167.75 | 2181.25 | 6.2 |
Commentary for last week
SP500 index moved sideways and had the narrowest weekly range since Sept 2014. Even though it made all-time highs last Thursday, the lack of momentum carries a caution sign.
Last week’s trades
No option trades this week. The 18-point weekly range was not enough to generate the “irrational enthusiasm” that makes for profitable option sales.
Nat’s trigger prices were not reached and we stood aside.
This week:
Member content
This section contains the detailed option trades for this week. It is reserved for paid subscribers.