The market has formed a more stable base but is now overbought and upside momentum has slowed. Risks remain in the market and bouts of volatility are picking up with earnings season. We are using this opportunity to reduce exposure in our long positions and continue evaluating both long and short opportunities.
- SBUX – 59% Gain: Long Feb 22 64/70 Call Verticals @ $2.83
Options Education: Risk & Money Managment for Options Trading – Thurs 1/24 @ 4:15PM EST