Debt Ceiling Watch

May 17, 2023
Author: Peter Stolcers, Founder of OneOption

If politicians overplay their hands, watch for a really ugly day for the market at the 12th hour. That will be a good opportunity to sell put spreads. Here's why.

PRE-OPEN MARKET COMMENTS WEDNESDAY – The macro backdrop has not changed in the last month and buyers and sellers are paired off. Time will determine which way we go and I could make a compelling case for either direction.

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