Unaware of what may happen this week with the Fed, we’re opting to sell to close the second halves of the DIA January 176 put and the Disney January 110 put for solid gains. We’re also still holding the newly issued solar put trades.
As for new trading opportunities, let’s wait to see what the Fed decides to do this week. While the Fed should not raise rates, given poor economic headwinds, both globally and at home, they may still push for a 25 basis point raise by Wednesday, leaving us with explosive volatility.
Ian L. Cooper
Rapid Retirement System