What a week that it was!! In the beginning it seemed like a continuation of a great run from last week, but later Dow, S&P, Russell and NASDAQ all finished sharply lower at -2.7%, -2.3%, -3.6%, and -3.4%, respectively. Primarily it was GE who spoiled Bull’s party. It is a bellwether stock and has diversified businesses, if they can’t make money, who else? And guess what, about a month ago they were saying everything is just fine..interesting…

I am attaching a chart below where I have also added some comments for sharing how tough this month was for OPN (That was also one of the reasons behind less number of posts this month). Soon after opening OPN portfolios, markets nosedived, then reversed, then again dived…we had wild swings in underlying GDX to > -9%, EEM >+9% …wow!! …..but in spite of all this…ending on positive note is what really matters…

Moving forward, we have a busy week ahead. Stay tuned as I shall be sharing 3 kind of strategies this week, even for regular OP readers- 1) Intraday Trades, 2) Earnings Play and 3) Expiration play.

If you bought “The Volatility edge in Options Trading“and have read it, time to keep it on your table besides your computer. Specifically Chapter-8, time to use theory for some real time experience.

Profitable trading, OP