After a volatile day in the market, Dale examines the volatility surge on Monday that lapsed by midday. At that time the MACD was clearing undermining the price on 10 and 15 min time frames and SPY was showing the opposite divergence, giving foundation to a tradeable event. Late in the day SPY out of the money calls under a dime, expiring Monday June 25, 2018 gained 20 -30 times their value.
Join our mailing list to receive the latest news and updates from our team.
Don't worry, your information will not be shared.
Overall Market comments and individual stock analysis and review. Just for signing up we'll send you Free 4 Laws for The trading the Markets