I don’t like this market. It can’t make up its mind. Things were starting to look promising last week, then Friday happened. And even today, intraday, we’re seeing weird, indecisive trading action.
So I know I’m a broken record, but as long as this sideways slop continues, I’m looking to stay delta neutral and sell premium. And with earnings event risk all over the place, it is probably best to stay with liquid ETFs.
Today’s trade is in the Oil Patch.
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