August 19, 2017

What to Look for Post-Government Shutdown

Now that we are past the government nonsense, at least for now, we can finally get back to business. As I stated yesterday, we’ve been patiently sitting on the sidelines for obvious reasons, but now that two out of three of our current positions are due to expire Friday, we need to start logically seeking for November premium.

And thanks to our friends in the government and I’m not being sarcastic, we’ve been left with a VIX that currently trades around 15. It’s certainly not the 18 it was trading just a few days ago, but it is far better than the 12-13 that we witnessed during the beginning of the year.

Anyway, subscribers stay tuned for a few trade alerts over the coming days.

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