Editors Note:

The markets are cautious ahead of potential weekend event risk. The S&P futures are down -5.50 as I type this. With North Korea expected to launch another ICBM on Saturday on their Founders Day anniversary, there is likely to be some event risk selling on Friday. Secondly, about 8:PM the ECB said it would consider tapering QE purchases and the Euro soared in the evening session with the dollar index falling to the lowest level since January 2015.



NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays