The index may revisit the 3005 level this morning as selling pressure is quite strong. However once investors get over the drop in Tesla, Boeing, PayPal and now Facebook, we will see the index push higher. This could be as soon as this afternoon.
Here’s a great trade in my opinion but remember that I would own shares in most stocks I sell options against.
The rest of this trade alert and ideas article is for FullyInformed Members.
Still More Morning Trade Alerts and Ideas for Jul 25 2019
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk.
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