We Are Waiting For The Sell Off

We have done a really good job – in our opinion – of waiting for prime opportunities in the market to sell more options for the August portfolio. Considering that Monday was a dud, we didn’t want to just “force the trade.” Now that the futures are selling off heavily, we feel confident in adding to the portfolio later tonight in a NEW TRADING ALERT.

For now though, please look at the Put/Call Volume index. Although we are off the extreme bearish lows, we are nowhere near extreme bullish levels either. Interesting little piece.