Editors Note:

The market hates uncertainty and Tuesday provided a double dose. Most of the early earnings reporters have disappointed and several earnings warnings have soured market sentiment. Add in the elections, rising dollar, sell off in the treasury market, worry over rate hikes and a dozen other variables and the Nasdaq went from new highs on Monday to testing support on Tuesday. We could very easily see an equally large market rebound on Wednesday or we could see a retest of lower lows. This is the second week in October and a week that is normally negative and known for second half market lows. I am recommending we not add any new plays on Wednesday and see what the day brings.



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays