Editors Note:

The lack of buyers today and the dead stop on S&P resistance suggests a lack of bullish conviction. Futures opened positive again at +3 but have declined into negative territory. We are already overly long in our positions and with futures dropping, I am not going to add any new plays tonight. There is no rush to add positions only to have them stopped out in an uncertain market.



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays