SPX Standard & Poor’s 500 Index
The markets are looking a bit stagnant and we could
see the market overall sell off moderately into the later part of the week with
both PPI and CPI as well as Retail Sales coming up tomorrow and Wed as well as
the always welcomed “Jobless Claims” due out Thurs morn The low volatility
always offers a cheap play with a great return in case of any hic ups along the
way.
IV
Nov Weekly’s 12%
Look to buy the
1750/1730 Nov Weekly Put Vertical for
2.25 or better with SPX at or below 1770
Risk
$225 Reward $1,775
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