|July 15, 2016||2120.25||2168.00||2120.00||2146.00|
|July 22, 2016||2154.50||2170.25||2151.25||2167.50|
Commentary for last week
SP500 index had a consolidation move for a whole week and tried to smooth out short-term extremely overbought condition.
Last week’s trades
The market quickly reached Nat’s trigger for selling Calls at 2160, and traders were expecting a move higher.
We were able to sell options into the market Monday and Wednesday at decent premiums.
Our 2200 Calls expired out of the money on Friday and we retained the entire premium.
This section contains the detailed buy/sell levels for this week. It is reserved for paid subscribers.