As soon as the market opened, OEX 676 was surpassed in no time. Went long and remained long. OEX options still prove to be the most profitable of all index options. Chose in-the-money or near-the-money options as much as possible. The buy signal is officially out, simply because of WMT and GS. It is essential that it stays above 690 for it to advance higher. OEX 700 is the near term target. If it closes below 682, the rally is in doubt.
2c
No comments:
Post a Comment