Market Summary Markets were tumultuous during last month, with the Dow and S&P 500 both breaking 10-month win streaks, their longest since 1959. The Nasdaq posted a monthly loss for the first time in eight months. For the week, the Dow fell 3.1%, the index four-day decline marks its first such streak since September. The…
DetailsTheOptionPlayer.com sets up an S&P 500 Index ETF (NYSE: SPY) short-term (30-day) option strategy (Based on Tuesday’s closing quoted bid/ask prices). Login in with a Premium Subscription to view data/images Why we recommend it: The difference between funds paid out and received is a $2.05 per share debit maximum risk for this trade. The maximum…
DetailsMarket Summary For the week, the Dow rose .4%, the index has been up for two straight weeks, representing its largest two week climb, up 4.6%, since Nov. 18, 2016, according to WSJ Market Data Group. The S&P 500 also gained .6%, the two straight weeks of gains for the index, up 2.9% over that…
DetailsTrade Summary The February 15th https://www.theoptionplayer.com/ executed the Wells Fargo & Co. (NYSE: WFC) short-term (29-day) option trade. Bank stocks in general are now under pressure as the upward rate move is stagnating. Wells Fargo might get hurt badly because J P Morgan is specifically going after Wells Fargo & Co. Wells Fargo stock is…
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