Editors Note:

It is always best to buy when the opportunity presents itself rather than force a move. Today we do not have any apparent buying opportunities. The S&P futures are down -10 points as I type this. Adding a bullish play would be trying to catch a falling knife since we do not know if/where any opening decline will stop. Adding a bearish play would only mean we would be filled in a gap down open that could significantly inflate any put options and then a sudden rebound would leave us with a loss. The market could be volatile this week and we need to wait for a fat pitch before we swing the bat.



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays