The markets declined on monster volume on what should have been a boring day. Today's market hiccup put the indexes at risk again and given the very high 7.86 billion shares when volume was expected to be barely 5.0 billion, anything is possible. We should never put new capital at risk unless we have a good understanding of potential market direction. That direction is no longer clear and the most likely path is bearish. There is no reason to add new plays ahead of the weekend event risk.
ATTENTION: In order to let our staff enjoy the holiday weekend, there will be no Option Investor or Premier Investor newsletter on Monday July 3rd. The market is only open a half day and volume should only be a trickle. We will resume normal publication on Wednesday July 3rd. Thank you in advance for your understanding.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays