Stock Option Trading Strategy – long energy stock call options.

May 29, 2007
Author: Peter Stolcers, Founder of OneOption

After a long holiday weekend, prices are moving higher. In the last few trading days the market has almost been able to wipe out last Thursday's losses. Expect quiet trading the rest of the day. The economic releases due out later this week will drive the market. There is a lack of news and choppy knee-jerk moves after each release can be expected. For now I will stay long energy stock call options. I have started selling a few put spreads in June. I would like to buy a pullback, but I don't think we will get much of one. Every decent down day has been followed by a snap back rally.image

Daily Bulletin Continues...

Want Full Access?

Become a Member

Start Free Trial

No credit card required.


Previous Bulletin

May 25, 2007

Next Bulletin

May 30, 2007