An Options Trading Strategy I Like Now

January 8, 2024
Author: Peter Stolcers, Founder of OneOption
Author
Pete

The market will continue to probe for support this week. Watch for this pattern. It will be a sign that buyers are interested.

PRE-OPEN MARKET COMMENTS MONDAY – This week the market will continue to search for support. The jobs report Friday did not excite buyers. Strong employment will give the Fed breathing room and it can postpone rate cuts. The higher wage component is inflationary.

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