By Steve Lentz
Friday’s SPX action was that of an Downswing Day following Thursday’s Inside day. This occurred while the 15-3-3 stochastic is in an Downtrend between 30 and 70 and the SPX is trending upward above its 50-day simple moving average. This market condition has occurred just 22 times since January 2000. Our research indicates that, statistically speaking, it’s more likely than usual that this market condition will end up being more favorable than usual for selling put option premium.
Three reports are included in the video: The SP 500 Condor/Butterfly Timing Report, the SP 500 Bull Put Spread Timing Report and the SP 500 Likelihood Report.
All use market research unique to www.DiscoverOptions.com