SPX Butterfly Timing Report for February 19, 2018

By Steve Lentz

Friday’s action was that of an Upswing Bar that followed Thursday’s Upswing Bar.  This action occurred while the 15-3-3 stochastic is in an Uptrend between 35 and 75 and the SPX is trending Upward above its 65-day simple moving average. This market condition has occurred 167 times since January 2000. Our research indicates that, statistically speaking, it’s more slightly likely than usual that this market condition will end up being favorable for selling option premium with neutral strategies.

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

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